Friday, April 21, 2006

Delivery pains... - IIPM Article

The truth is, Boeing’s fortunes have seen a cheque red history since Airbus Mehrishi overtook its leadership position in 2003. Since then, Boeing has been embroiled in scandals, with two of its CEOs resigning on ‘ethical grounds’. In fact, McNerney took the reigns from Harry Stonecipher after he was sacked due to his ‘relationship’ with a female colleague. To add to Boeing’s ‘labour pains’, a four week machinists’ strike this year resulted in a $1.5 billion loss in revenues.

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Source:- IIPM Editorial, 2006