The company failed 33 of 89 audits during an examination conducted by the Federal Aviation Administration after a panel blew off an Alaska Airlines jet in January.
I don't think this ends in beheadings, but there will (hopefully) be significant follow on effects. A threat to consumer confidence in flying is a risk to the entire industry, all Boeing's competitors and the airlines will be screaming for the FAA to get the actions right here...
Competitors... You mean Airbus, the EU sponsored counterpart to Boeing? And literally no one else?
There's almost no competition in the airliner space - both Boeing and Airbus are also state subsidised to a certain extent. Their mere existence is a strategic asset.
Either of them failing would have large global consequences... At worst, Boeing might no longer be able to hire their own FCC inspectors... At worst.
Even the smaller competitors like Bombardier would have an interest in this, even if they are not the manufacturers of similar sized aircraft, a loss of faith in the aviation industry hurts everyone too. Plus suppliers etc.
As for the investigators (I know you meant FAA, not FCC), we have a similar issue in medical devices - you need seriously well educated experts to perform the investigations, and it is hard to find any without industry experience which wouldn't look good on paper. The solution is to try as hard as you can to not have ex-employees audit their ex-bosses, but it isn't always possible so we accept some overlap. It doesn't mean these people don't take their job seriously.
It's funny I know someone who's an exec at Boeing Space, which is practically a completely different company and 99% a gov contractor. Let's just say the SLS hassss to work flawlessly because its got "Boeing" written all over its parts, luckily NASA is leading the project so it'll probably go as planned.
Ah. Yeah musk is insane but his rockets are cheaper than the SLS will be. Hell Congress hasn't even funded more than 1 or 2 launches because it is so expensive.
According to The Guardian he got $60M in stock and pension for being fired. Also it seems that stock price didn't fall much after the crashes and the grounding. It is only after COVID hit that Boeing's price plummeted. So it might be only by pure luck that he lost anything of value at all.
About 300 years at the salary of a doctor. I am sure he contributed as much to human happiness and well-being as 300 doctors working for a single year.