No. of Recommendations: 0

End Result

* Two aircraft and 346 lives lost.

* Boeing in eight months transformed from an admired civil aviation leader to a distrusted brand, subject to several criminal investigations.

* The economic losses are not yet clear but they will approach the costs of a new aircraft development.

Must the management which pushed for lower costs and higher profits now learn the hard way: there simply is no way past thorough and sound engineering in aerospace. Any shortcuts will cost the company many times more than what was saved in the first place. In the extreme, it can challenge the existence of the company.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.