Canada and the EU have already lost trust in the FAA. They're going to certify the Max and probably other planes more independently now.
As a consumer, I'm happy to have more oversight on the planes.
As a Boeing shareholder, I'd be pissed the company demolished the trust that allowed for a lot of cost savings during the certification phase.
Time and time again, we see that companies are terrible at self-regulation. They'll abuse it to save pennies today at the cost of dollars and lives tomorrow.
As a consumer, I'm happy to have more oversight on the planes.
As a Boeing shareholder, I'd be pissed the company demolished the trust that allowed for a lot of cost savings during the certification phase.
Time and time again, we see that companies are terrible at self-regulation. They'll abuse it to save pennies today at the cost of dollars and lives tomorrow.
https://www.reuters.com/article/us-ethiopia-airplane-canada/...