Boeing's Downfall [Greed Over Safety] feat. Mentour Pilot

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Boeing's Decline and Scandals

Boeing's recent scandals, including the Alaska Airlines incident, have eroded trust in the aviation industry.
The decline is attributed to a misaligned merger with McDonald Douglas in 1997, prioritizing profits over engineering.
The introduction of the 737 Max, a modified version of an aging aircraft, led to the tragic Lion Air and Ethiopian Airlines crashes due to the faulty MCAS software.
Boeing deceived airlines and regulators by not providing adequate training or information about the MCAS system, resulting in the loss of 346 lives.
Boeing faced financial and legal consequences, including a $20 billion loss and a $2.5 billion settlement with the Department of Justice.
Despite these incidents, Boeing's corporate culture still prioritizes speed and profits over safety, leading to systemic quality issues across the fleet.

In 2024, Alaska Airlines flight 1282 experienced a door plug blowout at 16,000 feet, raising concerns about safety and manufacturing practices.
Investigations revealed that four crucial bolts securing the door plug were missing, highlighting potential risks to passenger safety.
Boeing's stock plunged by nearly 10% following the incident, eroding confidence in the 737 Max franchise.

Boeing has a history of lobbying and political influence, investing heavily in lobbying efforts and campaign contributions.
The company's close ties with regulators and politicians have been criticized for potentially compromising safety standards.
Boeing's move to Washington DC in 2022 was seen as an attempt to increase its lobbying power.

Recent reports indicate that Boeing employees do not feel safe reporting safety concerns, hindering efforts to improve safety culture.
The Federal Aviation Administration (FAA) has delegated oversight to manufacturers like Boeing, leading to concerns about conflicts of interest and insufficient oversight.
The FAA has been criticized for its lack of certification and reliance on manufacturers for safety checks.
After the 2019 Boeing 737 Max crashes, the FAA promised to improve its oversight, but similar issues have persisted.
Considerations are being made to move inspections to an independent third party due to the FAA's resource and funding constraints.

The video explores the reasons behind Boeing's failures, including regulatory issues, governmental protectionism, and shareholder greed.
The video questions whether the responsibility lies solely on the corporation or the system that allows ambition to overshadow accountability.
The video raises concerns about the pursuit of profits at the expense of human lives.
A special thanks is given to Peta for providing insights.