Episode 992
In this episode, we dive into the complex history of The Boeing Company, tracing its journey from its founding in Seattle in 1916 to its current status as a multinational aerospace titan facing unprecedented challenges. We examine the pivotal 1997 merger with McDonnell Douglas, a move critics argue shifted the corporate culture away from engineering excellence toward financial performance, potentially setting the stage for future crises.
Join us as we break down the safety defects that have rocked the company's reputation, including the tragic 737 MAX crashes that killed 346 people and the terrifying 2024 Alaska Airlines door plug blowout. We also discuss the severe financial and operational fallout, from the 2024 machinist strike that resulted in a 38% pay rise to the company’s decision to cut 17,000 jobs and delay the 777X airliner. Finally, we look at the company's vast defense and space portfolio, its environmental record, and the task ahead for new CEO Kelly Ortberg as he attempts to stabilize the aviation giant.
Published on 2 weeks, 5 days ago
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