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...The chief of Emirates, one of Boeing’s largest clients, has said the crisis-stricken US aircraft maker should ensure its new chief executive has engineering experience to restore safety standards....
...The issues he raised “have been subject to rigorous engineering examination under FAA oversight”, Boeing said, and the company found the aircraft was safe to fly over decades....
...Engineering a better reputation will take a long time but it is crucial. pan.yuk@ft.com...
...and business expertise with industry and government to co-design a road map to get UK industry and economy back on track....
...Critically, this is not supposed to be a Concorde or SpaceX — remarkable engineering feats that are in practice the preserve of the very wealthy....
...This means strong co-ordination and incentives to improve both the asset and the service....
...Yet despite repeated assurances that Boeing was addressing the bad old habit of focusing on financial returns at the expense of engineering expertise, a close reading of a proxy statement published this...
...It said that while it was “confident that the proposed time-limited exemption for that system follows established FAA processes to ensure safe operation, we will instead incorporate an engineering solution...
...Alan Beattie writes about a new paper on “hyperglobalisation” by Arvind Subramanian and his co-authors — an update to their very important research originally published 10 years ago....
...A shift in culture after Boeing bought McDonnell Douglas in 1997 put financial returns ahead of engineering prowess....
...The company on Wednesday said it paid Broadcom about $500mn in 2023 for design, development and engineering services....
...background may be seen as a liability by critics who think the company’s problems — first the fatal Max crashes and now this blown-out fuselage — stem from privileging shareholder returns above investments in engineering...
...For some, the move away from the company’s longtime home marked a shift in priorities from engineering to financial performance....
...“Suppliers are waiting in a holding pattern until they see engineering break-even,” Boakye adds....
...Many in the industry believe an exaggerated focus on financials and shareholder returns at the expense of engineering expertise led to the Max 8 disaster....
...Boeing has become bureaucratic and focused more on financial returns than engineering prowess....
...But a co-firing rate of 50 per cent ammonia or more is expected to be too expensive to be competitive against other low-emission technologies....
...In a chilly hangar in Northern Ireland, Ulster Aviation Society co-founder Ray Burrows surveys painstakingly restored aircraft including a sleek black Sherpa jet, a boxy Short 330 and a Canberra spy plane...
...The Irish executive said demand for flying had “never looked” brighter, but the engineering issues, which have also hit other airlines because of inspections on engines used on some Airbus aircraft, would...
...South Korean officials told the Financial Times that the two SI Innotec employees, who previously worked for Daewoo Shipbuilding and Marine Engineering, have been accused of obtaining dozens of pages of...
...The second is the National Product Development Programme, a co-ordinated effort to create 10 competitive products by 2030, including for export....
...Steven Mollenkopf, a former chief executive of chipmaker Qualcomm whose electrical engineering qualifications Boeing emphasised, is taking over as chair, giving him a critical role in leading the search...
...These particularly benefit from co-location with strong academic centres....
...Shares in Avic Xi’an Aircraft Industry Group and China Shipbuilding Industry Co are up a fifth. China’s largest helicopter maker AviChina Industry & Technology stock is up 13 per cent....
...“Geopolitical friction and complexity are at an all-new level,” says Anne Madden, general counsel at technology and engineering company Honeywell....
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