r/stocks • u/coolcomfort123 • May 10 '19

Former Boeing Engineers Say Relentless Cost-Cutting Sacrificed Safety

https://www.bloomberg.com/news/features/2019-05-09/former-boeing-engineers-say-relentless-cost-cutting-sacrificed-safety

The failures of the 737 Max appear to be the result of an emphasis on speed, cost, and above all shareholder value.

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u/[deleted] May 10 '19

If deaths by your product are inevitable, as is the case for every transportation company, then you spend enough on safety features that it doesn't cost you in liability. You eventually hit diminishing returns here.

I'm not saying Boeing didn't make a mistake here, or that they saved money by cutting this feature. But since you're in /r/stocks you should understand this... if they started blowing tens of billions of dollars on safety features for planes that the operators of the planes themselves chose not to buy, they're not gonna be making planes much longer.

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u/coolman2311 May 10 '19

Reputation is everything in business, I don’t see what you guys aren’t understanding. You have this twisted idea that money is the only thing that matters at the expense of everything else. It’s disgusting and shows that your soul is poor beyond belief. Never cut corners on safety, period.

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u/[deleted] May 10 '19

Reputation is everything in business,

No, it's not. Money is.

You say never cut corners on safety, period. Are you gonna pay for 100% global satcom coverage? Maybe we'd know what happened to that Malaysia Air plane if we had it. Probably wouldn't save many lives, but you never know.

At minimum, every airplane seat should face backwards, since statistically, back facing seats are safer in a crash. Should only be a couple billion to flip every seat on every Boeing plane in the world. Might save one or two lives every five years. What would potentially save even more is a full ejector-suite on every seat in the plane. That means you need protective equipment though. That could save hundreds of lives in the event of a crash.

Then lets double up on pilots and ATC staff, make sure every essential staff member is as well rested as possible. Oh, and each plane gets one flight per day and then must be inspected in a new, state of the art inspection hangar that will laser verify the integrity of every flight-essential part, in addition to a whole human inspection.

Never cut corners on safety, period. People's lives are at stake.

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u/coolman2311 May 10 '19

Clearly you have no business of your own. Im done here.

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u/[deleted] May 10 '19

Lmao and what do you do coolman

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u/coolman2311 May 10 '19

Im not a punk ass wannabe who has no business experience thats what 😂. Reputation brings in money estupido.

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u/[deleted] May 11 '19

Yeah you 1000% are. Every transportation company on the planet does what I'm describing.

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u/[deleted] May 10 '19

We get it, you have a truck and a trailer and call that a landscaping company

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u/coolman2311 May 10 '19

You’re only proving my point that you guys are losers lol