Originally Posted by
Toruk Macto
Can a link be made between Boeing been controlled by wall st to this debacle and the demise of once great airlines by non aviation financial experts ?
I disagree with the premise. The desire to show good financial performance and higher stock price is pressure perhaps, but not control. The CEO, the Board of Directors have control. They decide what pressures to yield to. The business goals and the means to use for achieving them are up to the company leadership. They gave in to greed, bonus hunger. They bear moral responsibility for the priorities they set. Public expressions that safety is their highest priority means nothing compared to how company resources were actually allocated.