It is bizarre and disappointing to see this as the highest-ranked comment.
Do you have any evidence that “accountants” made this decision? Or that COVID is merely an excuse?
It is blindingly obvious that Boeing has been quite adversely affected by this pandemic and that global travel is unlikely to return to normal levels for at least 2-3 years. No amount of extra spending on R&D or product engineering is going to save your airplane company when people don’t want to get on the plane.
Boeing lost their way in the 90s when the MD merger turned them into an accountant-managed company whereas they were previously engineering-managed. The resulting 737MAX disaster is the main source of their problems today, not COVID.
You're blaming the accountants for something the article clearly says is the result of management decisions...made by an engineer...
(McDonnell's Stonecipher was an engineer that rose into management ranks and was the one that thought up the brilliant idea to just cut costs regardless of the consequences.)
I think this is yet another manifestation of online discussions amplifying shallow and simplistic "analysis" that appeals to human biases and stereotypes. So I'd say it's not bizarre, but another sign of our times.
Do you have any evidence that “accountants” made this decision? Or that COVID is merely an excuse?
It is blindingly obvious that Boeing has been quite adversely affected by this pandemic and that global travel is unlikely to return to normal levels for at least 2-3 years. No amount of extra spending on R&D or product engineering is going to save your airplane company when people don’t want to get on the plane.