Boeing to face ‘enormous’ scrutiny after mishaps: Buttigieg
U.S. Transportation Secretary Pete Buttigieg said the Federal Aviation Administration will rigorously assess Boeing after the blowout of a fuselage section on an Alaska Airlines flight in January.
To maintain airline safety, “that means an enormous amount of rigor in dealing with Boeing, in dealing with any regulatory issue,” Buttigieg said on Fox News Sunday. “And that’s exactly what the FAA is doing.”
Boeing has faced scrutiny from lawmakers, regulators and increasingly passengers after a series of high-profile flight incidents this year, most notably the blowout of a fuselage section on a brand-new 737 MAX 9 during an Alaska Airlines flight in January.
Shares of Boeing fell 1.6% in premarket U.S. trading on Monday, after reports over the weekend that the Justice Department opened a criminal investigation into the Alaska Air incident. The head of Delta Air Lines Inc. told Bloomberg separately that he expects further delays to the yet-to-be certified 737 MAX 10.
https://www.seattletimes.com/business/boeing-to-face-enormous-scrutiny-after-mishaps-buttigieg/Open linkView original on lemmy.world
Public company, CEO driven to raise share price by shareholders, corners cut and pure pursuit of profit takes over everything.
This is the cancer destroying the world.
You can just say "capitalism."
I would settle for just removing publically traded companies.
John Oliver did a Last Week Tonight on Boeing, it was really eye opening how shifty they are. Definitely worth a watch, it's up on YouTube
/S I don't get what's wrong! Boeing shouldn't let pesky things like safety get in the way of the stock price
"Mishaps"?
“The wall fell off one of our planes mid-flight, woopsie doodle, boy is our face red! teehee 🤭🙃” - Boeing
The front fell off
Buttigieg has watched a bunch of issues increase on his watch, and done next to nothing about them.
It's been going on forever l, we're just paying more attention because it's election season.
We're paying attention because of one of the worst derailments in memory was followed not too shortly by a part of a plane falling off mid flight.
Buttigieg was always an ineffective leader. When he was mayor of South Bend I regularly heard people complaining about how public services took a dive when he went into office. Things were more expensive, ran slower, these fancy new trash trucks were rolled out that couldn't even fit down our alleys... Embarrassing.
Here is a good anecdote: https://www.westernjournal.com/south-bends-infrastructure-bad-buttigieg-mayor-dominos-help-fill-potholes/
Which issues compared to which time frames? Sources?
Well you know, Democrats will argue how a Republican government would do absolutely nothing instead of next to nothing.
No, a Republican government would do lots to exacerbate the issues.
Pretending to care is better than actively deregulating.
Taking a single ibuprofen over none at all is still an improvement.
Not when the injury is a broken leg that the body is being forced to still walk on.
Wait, wasn't this due to incomplete/inadequate maintenance, where they forgot to reinstall some parts of the door support? Is this really Boeing's fault or is the maintenance done by the airline or a third party service contractor?
It was due to extreme negligence on the part of Boeing. They have gone from a byword for engineering excellence to a company that's focused on nothing except shareholder profits and is de facto allowed to do all regulatory oversight themselves.
If only someone who's been the head of a relevant regulatory agency for the last 3 years plus change had decided to do their fucking job instead of making "and this time I mean it!" PR speeches every time something that could have been avoided with proper oversight already HAS happened!
Okay, thank you for clarifying
So what can Buttigieg do that he hasn't been doing?
What do you THINK the head of a REGULATORY agency can do about an increase in catastrophic faults due in large part to an almost complete lack of REGULATORY ENFORCEMENT by the REGULATORY agency that he's in charge of?
The answer is, of course, price-fixing of Canadian bread.
Those dirty Canadians!