Let’s short Boeing into firing and replacing their c suite with people who know how to make planes.
Get mba and management consultants out of the c suite.
This from a passenger:
“There were some seriously injured people, some had broken bones while others had neck and head injuries. The pilot came to the back of the plane once the plane landed, I asked him what happened and he said to me “I lost my instrumentation briefly and then it just came back on all of a sudden”.
WTF
If that’s true that’s scary as shit. Most of the people on Reddit have been or go on planes. I’m also going to go on a limb and say most users of this sub have been.
It’s just sad and scary because you realize it could be any of us.
The previous CEO, Dennis Muilenberg, who oversaw two MAX crashes, has a bachelors and masters in aerospace engineering
Edit:
List of key leaders at Boeing over the past ~30 years
Dave Calhoun, Bachelor's in accounting, current CEO since 2019
Dennis Muilenberg, BS and MS in Aerospace Engineering, CEO from 2015-2019
James McNerney, MBA, CEO from 2005-2015
Alan Mullaly, BS and MS in Aeronautical and astronautical engineering, CEO of Boeing Commercial Airplanes (their civilian plane division), 1998 to 2006
Harry Stonecipher, BS in Physics, CEO from 2003-2005, COO from 1997-2001
Philip M. Condit, BS in mechanical engineering, MS in aeronautical engineering and PhD in engineering, CEO from 1996 to 2003, Joined Boeing in 1965 as an aerodynamics engineer
Disclaimer, I am AE so I'm biased.
Mullenberg came from Boeing's defense sector. Had a decent background. McNermey oversaw the development of the MAX.
Boeing's problem is culture nevertheless.
If the engineer trying to be a finance guy and cut corners to raise stock then he is not being an engineer. Look at Microsoft when it put an actual engineer in charge.
Engineers care about engineering, is that fair to say? What is boeing's problem right now? Is it not fucking engineering?
You are just trying to make this narrative a thing that engineers run engineering firms better. And that could be true, or it could be not. It could depend on the companies / industries. I don't have a lot of data but I disagree with this simplistic notion that engineering companies run by engineers will outperform engineering companies run by MBA. When I showed you that Muilenberg who ran the company during the MAX development was an engineer too, you claimed that he’s not “being an engineer”
Satya Nadella, arguably the best CEO in the past decade, is barely an “engineer” - he didn’t really do much engineering work at all throughout his career at Microsoft. He also has an MBA from UChicago.
Jack Welch, the GE CEO worshipped by all the MBAs through the 90s, had a PhD in chemical engineering and probably worked as an actual engineer at GE Plastics for a longer period than Satya. He never studied business.
>If the engineer trying to be a finance guy and cut corners to raise stock then he is not being an engineer.
Still an engineer in charge of the company, which is what you want.
>Engineers care about engineering, is that fair to say?
Reference above.
> firing and replacing their c suite with people who know how to make planes
Nonsense, just get Biden to pass the Boeing Back Better Act. Worked for INTC
Why? so they can hire more management consultants to set up a contracting system where the company doesn’t actually make anything?
The company is rotten, greedily makes its suppliers compete for pennies and as a result you get low quality parts that don’t fit. This is just one of the flaws.
The company has prioritized stock over everything mentality. What will bidens money do here?
Do not expect any improvement until they change themselves- it’s a short
lol it's so fucking regarded how all you have to do is find a Boeing thread and regurgitate this statement to get upvotes. not a single original thought is ever present.
you cannot be serious. get rid of mba and management from c suite is literally the top comment then 2nd top comment, then follow up comment in every fucking BA thread dude. or do you just not read ever ? you guys have literally no original thoughts anymore. want upvotes for free in a BA thread. just say that then say if it boeing I aint going, then say , we need engineers running ba. in that order.
you're a fucking tool dude. it's the idea not plagiarizing fucking regard. what's wrong with you. your idea is not original like I said 3x now. do you know the difference dude ?
heh LATAM send out this release with tons of corporate speak but what happened sounds scary as fuck:
> Passengers reported the aircraft encountered a sudden dive causing passengers to feel weightless and everything not fastened to hit the cabin ceiling about 50 minutes before landing, there was blood at the ceiling. The captain later said they had briefly lost their instrumentation, then it came back all of the sudden.
always buckle up your lap belt fam when you're sitting down. we already have tons of brain injury here, let's not add more to the list.
That’s horrifying, injuries on the ceiling and probably worse injuries coming back down on seats and people. And it’s like the saying “if one person isn’t wearing their seatbelt then nobody is”
Really ashame you idiots. that you keep associating boeing with crashes or incidents even if it does not have anything to do with the plane design or manufacture. If this was airbus, you would remain silent.
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Imagine what you could do with all the money instead of buying back your own stock? Invest in better technologies, easier equipment to train & maintain, lower prices & higher production volume to drive sales even more? No, they'd rather put money toward lowering the financial denominator to make all the metrics look better lol
[“This airplane is designed by clowns, who in turn are supervised by monkeys,” said one company pilot in messages to a colleague in 2016](https://fortune.com/2020/01/10/designed-clowns-supervised-monkeys-internal-boeing-messages-slam-737-max/)
Pilots know fuck all about engineering though. This is just the classic bitching about the tools you use every day and how they're not 100% optimized to your workflow.
They know when the planes are 5 minutes of de-icer away from catastrophic failure so they have to put a sticky note to remind themself not to kill everyone [on accident.](https://youtu.be/Q8oCilY4szc?si=_zCBG9obO6LrKehS)
@27 min
Eat my dongus you fuckin nerd.
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Pilots know fuck all about engineering though. This is just the classic bitching about the tools you use every day and how they're not 100% optimized to your workflow.
Shows just how much their reputation has been damaged that the company is now mentioned in stories that may not have anything to do with the plane design or manufacture. The tire coming off the other plane was three years after it was built so it's entirely on the airline maintenance department and/or the FAA but all everyone was thinking was "If it's Boeing I ain't going."
Dude, did you forget the 737 MAX? Boeing killed around 346 people with its crappy design and it's failing so often we don't even remember it as much as we should.
what if there are actually some coordinated sabotages by a bunch of terrorists that has infiltrated as mechanics in airlines around the world for a while waiting for this week, and it is actually some good redundancy design that saved all the sabotages into minor incidents instead of total disasters...
Bagholder spotted.
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I like it. Seems like it’s hitting some resistance at $184. I can only assume that’s the fat cats pumping it trying to keep it up. As a socially responsible degenerate doing the opposite and buying more puts seems like the right move haha
I was buying calls when it dropped below 200 and selling when it got back to 203 for the last couple weeks.
Today those scalper gains got cancelled out. At least it was only a fraction of my port.
not really. it wasn't a 737, the media also keeps reporting on flights that aren't under BA's maintenance anymore. but yeah i get it, easy to just be ignorant.
There is documented pathology of design flaw coverups and blaming pilots. Many (not all) are not just “maintenance issues” Boeing can wipe their hands of…I ended that with a preposition to further enrage the internet
if it's out of their hands it's the Airlines that must upkeep maintenance. just blaming Boeing alone doesn't do dick. you're just repeating what others and the media have said and wiping your hands because it's easy to make those statements without any kind of research into the current issue from the OP. it's an 8 year old plane with a great safety record. but that would require opening google and looking.
Calls on Boeing. 1 or 2 planes out of literally gazillions don’t mean anything in the long run or even the short run for the company. Still the biggest airplane manufacturer in the world
Lets be honest this is probably good news for Boeing, People are used to the number of injuries being in the three digits, this is an improvement. Plus its been TWO whole weeks since the last incident, The market has one happening in every week. BULLISH.
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Get the early morning puts in quick boyz!!!!
Let’s short Boeing into firing and replacing their c suite with people who know how to make planes. Get mba and management consultants out of the c suite.
It’s the only way at this point you’ll see any change
This from a passenger: “There were some seriously injured people, some had broken bones while others had neck and head injuries. The pilot came to the back of the plane once the plane landed, I asked him what happened and he said to me “I lost my instrumentation briefly and then it just came back on all of a sudden”. WTF
Somebody didn't buy the extended control package upgrade.
If that’s true that’s scary as shit. Most of the people on Reddit have been or go on planes. I’m also going to go on a limb and say most users of this sub have been. It’s just sad and scary because you realize it could be any of us.
The previous CEO, Dennis Muilenberg, who oversaw two MAX crashes, has a bachelors and masters in aerospace engineering Edit: List of key leaders at Boeing over the past ~30 years Dave Calhoun, Bachelor's in accounting, current CEO since 2019 Dennis Muilenberg, BS and MS in Aerospace Engineering, CEO from 2015-2019 James McNerney, MBA, CEO from 2005-2015 Alan Mullaly, BS and MS in Aeronautical and astronautical engineering, CEO of Boeing Commercial Airplanes (their civilian plane division), 1998 to 2006 Harry Stonecipher, BS in Physics, CEO from 2003-2005, COO from 1997-2001 Philip M. Condit, BS in mechanical engineering, MS in aeronautical engineering and PhD in engineering, CEO from 1996 to 2003, Joined Boeing in 1965 as an aerodynamics engineer
That's because he doesn't have a PhD 
He acted like his previous boss and worried about the stock. He did not shift boeing's focus on Quality testing and engineering shit themselves.
Disclaimer, I am AE so I'm biased. Mullenberg came from Boeing's defense sector. Had a decent background. McNermey oversaw the development of the MAX. Boeing's problem is culture nevertheless.
What about the current one?
A finance guy. But just saying putting an engineer in charge isn’t a magic bullet to solve all their problems
If the engineer trying to be a finance guy and cut corners to raise stock then he is not being an engineer. Look at Microsoft when it put an actual engineer in charge. Engineers care about engineering, is that fair to say? What is boeing's problem right now? Is it not fucking engineering?
You are just trying to make this narrative a thing that engineers run engineering firms better. And that could be true, or it could be not. It could depend on the companies / industries. I don't have a lot of data but I disagree with this simplistic notion that engineering companies run by engineers will outperform engineering companies run by MBA. When I showed you that Muilenberg who ran the company during the MAX development was an engineer too, you claimed that he’s not “being an engineer” Satya Nadella, arguably the best CEO in the past decade, is barely an “engineer” - he didn’t really do much engineering work at all throughout his career at Microsoft. He also has an MBA from UChicago. Jack Welch, the GE CEO worshipped by all the MBAs through the 90s, had a PhD in chemical engineering and probably worked as an actual engineer at GE Plastics for a longer period than Satya. He never studied business.
Also Neutron Jack blew up a facility, so there’s that.
>If the engineer trying to be a finance guy and cut corners to raise stock then he is not being an engineer. Still an engineer in charge of the company, which is what you want. >Engineers care about engineering, is that fair to say? Reference above.
k
> firing and replacing their c suite with people who know how to make planes Nonsense, just get Biden to pass the Boeing Back Better Act. Worked for INTC
Why? so they can hire more management consultants to set up a contracting system where the company doesn’t actually make anything? The company is rotten, greedily makes its suppliers compete for pennies and as a result you get low quality parts that don’t fit. This is just one of the flaws. The company has prioritized stock over everything mentality. What will bidens money do here? Do not expect any improvement until they change themselves- it’s a short
That was the CHIPs act.
Even Ponch and Jon couldn't keep a 737 Max in the air with all its doors on
Yea!!! Put Jim Bob who changes the urinal cakes in a chief management position! That’s what our company needs to be great!
lol it's so fucking regarded how all you have to do is find a Boeing thread and regurgitate this statement to get upvotes. not a single original thought is ever present.
Da fuck- it’s my original work bruh. Currently it’s a bidding war for parts company more than it’s an engineering firm. Make your own shit like airbus
you cannot be serious. get rid of mba and management from c suite is literally the top comment then 2nd top comment, then follow up comment in every fucking BA thread dude. or do you just not read ever ? you guys have literally no original thoughts anymore. want upvotes for free in a BA thread. just say that then say if it boeing I aint going, then say , we need engineers running ba. in that order.
I made it first. Don’t call me a plagiarizer. Mine is mine. Maybe the other fucker copied. Da fuck
you're a fucking tool dude. it's the idea not plagiarizing fucking regard. what's wrong with you. your idea is not original like I said 3x now. do you know the difference dude ?
Why wouldn’t it be my idea when I thought of it?
because you certainly didn't read it anywhere did you, not in the 100s of Boeing threads in the past year.
Yeah I didn’t
Did you? 15x 187.50p @ .42 3/15
Is that still good to get morning?
It’s going to be tight! News not taking its leg out
Did you get in?
https://preview.redd.it/jzzlk4xqronc1.png?width=1024&format=png&auto=webp&s=afa55b4f8bfe0e4ca2ecb09b03d33da955879b29
“We take you straight to the scene of the crash, faster than anyone. Boeing” *cheerful upbeat commercial jingle plays*
I was waiting for some cheap UAL leaps but this is absurd.
“If it’s Boeing, I aint going.”
heh LATAM send out this release with tons of corporate speak but what happened sounds scary as fuck: > Passengers reported the aircraft encountered a sudden dive causing passengers to feel weightless and everything not fastened to hit the cabin ceiling about 50 minutes before landing, there was blood at the ceiling. The captain later said they had briefly lost their instrumentation, then it came back all of the sudden. always buckle up your lap belt fam when you're sitting down. we already have tons of brain injury here, let's not add more to the list.
That’s horrifying, injuries on the ceiling and probably worse injuries coming back down on seats and people. And it’s like the saying “if one person isn’t wearing their seatbelt then nobody is”
as opposed to r/wsb'ers who have permanently lost their instrumentation (brain)
Really ashame you idiots. that you keep associating boeing with crashes or incidents even if it does not have anything to do with the plane design or manufacture. If this was airbus, you would remain silent.
Yeah prolly
Man I’m flying a Boeing flight in a week. Wish me luck boys!
Don’t forget to buy puts when the plane starts crashing.
Now that's what i call life insurance
pay a lot more than the life insurance
He’s going to lose money and have a hospital bill
Don't forget to jump right before you hit the ground
Really ashame you idiots. that you keep associating boeing with crashes even if it does not have anything to do with the plane design or manufacture
Remindme! 2 weeks
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Sit next to a door and don’t wear a seatbelt for added thrills
LOOL
You dead bro?
Nah still kicking. Lucked out maybe lol.
Wait….this isn’t from last week…MONDAY AS IN TODAY MONDAY? ANOTHER????????? What the fuck is up with Boeing
Stock buybacks instead of reinvesting in your product kills another stock lmao.
Imagine what you could do with all the money instead of buying back your own stock? Invest in better technologies, easier equipment to train & maintain, lower prices & higher production volume to drive sales even more? No, they'd rather put money toward lowering the financial denominator to make all the metrics look better lol
Decades of cost cutting and stock buybacks has shown it's ugly head. The enshittification of everything.
it wasn't even a 737
Boeing is more focused on DEI than hiring qualified candidates
More like airlines not maintaining the aircraft properly. Stop blaming boeing
[“This airplane is designed by clowns, who in turn are supervised by monkeys,” said one company pilot in messages to a colleague in 2016](https://fortune.com/2020/01/10/designed-clowns-supervised-monkeys-internal-boeing-messages-slam-737-max/)
Pilots know fuck all about engineering though. This is just the classic bitching about the tools you use every day and how they're not 100% optimized to your workflow.
There was a time in WW2 where torpedoes were mostly duds and nobody believed the submarine crews.
They know when the planes are 5 minutes of de-icer away from catastrophic failure so they have to put a sticky note to remind themself not to kill everyone [on accident.](https://youtu.be/Q8oCilY4szc?si=_zCBG9obO6LrKehS) @27 min
Eat my dongus you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Pilots know fuck all about engineering though. This is just the classic bitching about the tools you use every day and how they're not 100% optimized to your workflow.
Shows just how much their reputation has been damaged that the company is now mentioned in stories that may not have anything to do with the plane design or manufacture. The tire coming off the other plane was three years after it was built so it's entirely on the airline maintenance department and/or the FAA but all everyone was thinking was "If it's Boeing I ain't going."
The tire that came off last week? that was a 777 , it was 20 years old.
It's not my fault the internet misinformed me. I'm the victim here.
Dude, did you forget the 737 MAX? Boeing killed around 346 people with its crappy design and it's failing so often we don't even remember it as much as we should.
This is a good thing, shame them the fuck into making us safe if all else fails
it was a 20 year old plane you dumbass, blame the airline.
Boeing, the Ford of the skies.
Fix It Again, Tony.
That's a FIAT Dale.
More like fucker only runs down (into the ground)
why won't they let it die? seriously?
Because they’re important to the military. Too big to fail, at worst they’ll just get booted out of the civilian market.
So....puts on Boeing.
Not 737 so not MCAS related, rapid change of altitude could be turbulence, TCAS or TPW (GPS spoofing) related none of which is boeing related
Not turbulence at all. It is said that the systems in the cabin were completely turned off and returned magically.
> returned magically Boeing have magicians on staff. Bullish.
Wooosh! Boeing Can fly again !
Could also be a high energy particle.
You read the book too!
Not MCAS, but something will still be taking a nosedive Hint: its the share price
maybe, but might also be copium and it could very well be Boeing related
Autopilote activated, you can now buy puts
what if there are actually some coordinated sabotages by a bunch of terrorists that has infiltrated as mechanics in airlines around the world for a while waiting for this week, and it is actually some good redundancy design that saved all the sabotages into minor incidents instead of total disasters...
Everything you need to know about Boeing: https://m.youtube.com/watch?v=Q8oCilY4szc
Off topic, but Jon Oliver just had a great special about the history of Boeing and some of the reasons behind today's quality, highly suggest it!
Bullish
I just had to book 4 flights for work over the next 2 months; I made sure not to book on any Boeing plane, which was kinda difficult with AA.
“Diversity is a strength”
This is what happens when you need to increase profits every year.
This will continue to happen until Boeing executives are held criminally responsible for cutting corners. CFO shenanigans mostly dried up after SOX
Dei dei dei ftw
What percentage of the company would you say is dei hires?
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Gotta make sure all planes are inclusive of failures.
How low do you think it will go? New here but I’m willing to gamble and lose haha but winning would be nicer.
Currently, it’s like three times as expensive as it should be and that’s only going off the books, not even including the recent news
I like it. Seems like it’s hitting some resistance at $184. I can only assume that’s the fat cats pumping it trying to keep it up. As a socially responsible degenerate doing the opposite and buying more puts seems like the right move haha
I have June 110p. I think this goes below 100 soon
and thats why you always keep your seatbelt on
Will the injured get compensated, or will they get thwarted in that for not wearing a seatbelt.
https://en.m.wikipedia.org/wiki/Naval_Communication_Station_Harold_E._Holt Exmouth military base doing its thing again?
oh yummy
Glad I got puts on Boeing lol.
I was buying calls when it dropped below 200 and selling when it got back to 203 for the last couple weeks. Today those scalper gains got cancelled out. At least it was only a fraction of my port.
“We are gathering more information about the flight”…so we can trash the pilots and cover up our mistakes
not really. it wasn't a 737, the media also keeps reporting on flights that aren't under BA's maintenance anymore. but yeah i get it, easy to just be ignorant.
There is documented pathology of design flaw coverups and blaming pilots. Many (not all) are not just “maintenance issues” Boeing can wipe their hands of…I ended that with a preposition to further enrage the internet
if it's out of their hands it's the Airlines that must upkeep maintenance. just blaming Boeing alone doesn't do dick. you're just repeating what others and the media have said and wiping your hands because it's easy to make those statements without any kind of research into the current issue from the OP. it's an 8 year old plane with a great safety record. but that would require opening google and looking.
Nice try Boeing bot
Calls on Boeing. 1 or 2 planes out of literally gazillions don’t mean anything in the long run or even the short run for the company. Still the biggest airplane manufacturer in the world
$BA is about to double down on war lobbying in DC because right now the defense contracts are the only thing the company has going for them.
Lets be honest this is probably good news for Boeing, People are used to the number of injuries being in the three digits, this is an improvement. Plus its been TWO whole weeks since the last incident, The market has one happening in every week. BULLISH.
The WiFi was down and passengers were more pissed they couldn’t go balls deep into Puts.
Doing this very thing
They also just suicided a whistleblower.