#Boeing was an aerospace engineering firm that manufactured and sold airplanes. General Electric was an energy engineering firm that manufactured and sold energy and power products.
Both were transformed by the single minded focus on "shareholder value" and "production" over quality and innovation.
Jack Welch was a pox. McDonnell Douglas had a terrible reputation for quality because it was run by ex-GE finance people. The new CEO is the current COO. SSDD.
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This is a fascinating article about the last Boeing crisis that put Calhoun in the chair.
And as a complete aside, Allegiant, not really known for it's safety record, is taking delivery of it's first 737 MAX in April.
Discounted merch much? 😱
https://theaircurrent.com/feed/dispatches/allegiant-air-is-finally-about-to-become-a-737-max-operator/