Boeing isn’t the only company which has been trashed by corporate greed, up until privatisation in the early 1990s, QANTAS set the standard for quality and safety in airline operations. Then a similar bonus driven culture took hold resulting in a string of incidents. Now the Australian public has been left with a woke airline more interested in pushing for gay rights and minority issues than delivering a quality transport system. Price gouging has taken hold and the previous CEO was forced to resign early after the airline was caught selling tickets for cancelled flights.
Aviation businesses need to be run by aviation people committed to safety and quality above all else. Finding ways to do it better rather than do it cheaper should be ingrained from the top down. Executive pay and bonuses have reached ridiculous levels and have attracted the wrong sort of people. Offering less money would make the robber barons look elsewhere and we could have a different culture in place where an engineer who wanted to use better quality material in a component, wouldn’t be overridden by a manager concerned about how this would affect his bonus.