Boeing is in Big Trouble

Boeing’s most important audience, its buyers, have given the airline maker a loud wake up call by refusing to place any orders at the first day of the Paris air show.

And in a continuation of Boeing’s tone deafness, the manufacturer is acting as if nothing has happened and it can continue down the path of further weakening FAA oversight and streamlining, as in reducing, its safety checks by relying more on computer models.

Boeing really seems not to get how much trouble it’s in. The last thing it needs to be moving forward right now are changes in its certification process when it just had a massive de facto self certification failure. Recall an important Seattle Times story that described how the FAA greatly weakened supervision in 2004, and how over time, Boeing became aggressive in exploiting the new system.

Read More at Naked Capitalism

Read the rest at Naked Capitalism