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Does Boeing have a safety problem?

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With two crashes of the 737 Max and ongoing production problems with the 787, former employees are asking whether Boeing has a safety problem

Boeing is the biggest name in aviation. “If it aint Boeing”, as the saying goes. But today Boeing is the most scrutinised company in aviation history.

The separate crashes of the 737 Max. Production problems with the 787 Dreamliner.

Some blame management all the way back to the merger with McDonnell Douglas in the 1990s. Boeing is still one of the largest and most important companies in the US.

But past employees are pointing to a toxic safety culture.

Ticker spoke with Geoffrey Thomas from Airline Ratings, and aviation analyst Jordan Chong.

Boeing safety report

Boeing has published its 2022 Chief Aerospace Safety Officer Report which reveals a host of major changes to sharpen focus and improve culture.

The report covers four main areas; Strengthening Engineering, Enhanced Oversight Mechanisms, Safety Management System Implementation, Investing in a Safer Industry and Fostering Transparency and Openness.

The report is an extremely important document and thus we have decided to reproduce in full as under, bolding important facts and numbers.

Enhanced Oversight Mechanisms

Boeing has made fundamental changes to enhance oversight of safety processes and procedures, and strengthen accountability, transparency and collaboration across the company.

In August 2019, Boeing’s Board of Directors established an Aerospace Safety Committee (ASC) to increase the effectiveness of its oversight of safety in all aspects of operations, including engineering, design, development, manufacturing, production, maintenance and delivery of products and services. The ASC is comprised of independent directors with relevant knowledge and experience. Learn more about their responsibilities here.

Business

British lawmakers want to fine social media

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Social media companies could be fined if they don’t remove harmful content, according to a new plan from the UK Government

Lawmakers want to make it illegal to encourage users to harm themselves online.

It’s part of a crackdown on online behaviour on content that leads to self harm.

In a statement, Digital Secretary Michelle Donelan said these firms “can no longer remain silent bystanders”.

She says they’ll face fines for allowing this abusive and destructive behaviour to continue on their platforms.”

It follows the death of Molly Russell in 20-17, which sparked concern for harmful content online.

A coroner ruled social media platforms fed her content that “romanticised acts of self-harm”.

Sexually explicit materials will also be banned under the new policy.

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Business

Twitter adds millions of users after cutting staff

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elon musk twitter

Twitter boss Elon Musk says new user signups to the social media platform are at an “all-time high”.

That’s despite his recent struggles with a mass exodus of advertisers and users fleeing to other platforms.

Musk says signups to Twitter are averaging over two million per day over the past week.

Reported impersonations on the platform spiked earlier this month, before and in wake of the Twitter Blue launch.

Musk says buying Twitter will speed up his ambition to create an “everything app” called X.

Musk’s “Twitter 2.0 The Everything App” will have features like encrypted DMs, longform tweets and payments.

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Business

Move over Black Friday, it’s Cyber Monday

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If you’ve still got a bit of cash left over from Black Friday sales, well today is Cyber Monday.

Officially kicking off today, the Cyber Monday sales are widely regarded as some of the biggest and best discounts you’ll see all year.

Some retailers are promising 80 percent discounts off top items.

Black Friday sales raked in a record $9.12 billion from online shoppers this year despite concerns about inflation and higher prices.

Inflation accounts for some of the increase this year, with people paying more to buy less.

Online sales for electronics spiked 221% on Friday compared to an average day in October, with top sellers including Apple MacBooks and watches.

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