Southwest quits Newark over Boeing

Southwest Airlines won't fly the Boeing 737 Max until 2020 and is planning to pull out of Newark by November as the grounding of the troubled plane goes on...and on... #transportation #aviation #southwestairlines https://lnkd.in/dhxiEjt

This was the biggest quarterly loss in Boeing's history. With the #737Max grounded, Boeing delivered 104 fewer airplanes in the second quarter than last year. My #earnings report:

At some point investors, management and regulators will be unable to ignore the cost of not preventing human-caused or enabled catastrophes. Hopefully they will also realize and embrace the fact that their internal teams are not necessarily objective. Cost and profit decisions do of course influence most large-scale engineering decisions, which are often root causal factors that lead to industrial accidents. That is undeniable based on decades of irrefutable evidence. Much better to adopt objective external systems with strong governance and monitoring. While no system is perfect, effective prevention does require very specific design and execution (including objectivity and protection from conflicted parties). #safety #prevention #ai #humcat #aircraft #engineering #riskmanagement #airlines

The costs keep rising for Boeing. . .