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Tech

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.

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Leaders

Brazil bans X in a sign of politics and tech colliding

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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Shows

Experts provide key strategies to safeguard businesses in the face of cyber threats

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Exploring the causes of the Crowdstrike outage, the potential for exploitation, and strategies for strengthening your corporate security posture.

The Tech Edge is a captivating business IT talk show delving into the latest industry trends and their significance in today’s landscape.

Hosted by Director of Information Management of AvePointAlyssa Blackburn.

In this episode, Alyssa is joined by Dan Weis, Practice Lead at Nexon. #tech edge

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Money

Nvidia loses $200 billion in market value, AI interest drops

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Nvidia’s latest financial forecast has sent ripples through the tech industry, particularly impacting AI-related stocks.

The company’s projections, which fell short of analysts’ expectations, reflect broader concerns about the future growth of AI technologies.

Investors, previously optimistic about Nvidia’s pivotal role in AI development, are now cautious amidst signs of potential slowdown in demand. #featured #trending

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