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Boeing is one of the most well-known aircraft manufacturers in the world only matched by Airbus. They make planes not just for commercial airliners and militaries but also for world leaders like the US president. Given their dominant position within the market, you would assume that Boeing has their engineering in line and that they’re the most trustworthy brand within the industry, but this isn’t the case. In fact, Boeing has a history of cutting corners and overly outsourcing their work. This was one of the key reasons for the tragedies related to the Boeing 737 max 8. Things at Boeing are so bad that even Boeing engineers don’t trust Boeing. It wasn’t always like this though. At one point, Boeing truly was an engineering leader and that’s why they were so dominant. But, all of this turned on its heels once Boeing acquired McDonnell Douglas in 1997. Unlike Boeing, McDonnell Douglas was run by MBA businessmen who often prioritized profits over everything else. And it seems that their approach has very much rubbed off on Boeing over the past few decades. This video explains the history of Boeing’s missteps and negligence and the future of Boeing.

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Timestamps:
0:00 - 737 Max 8
4:52 - History Of Negligence
8:57 - Profits Over Lives
11:58 - Change?

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Boeing
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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