Prøve GULL - Gratis

HOW BOEING BROKE DOWN

Fortune US

|

April - May 2024

Boeing's strategy sent the stock soaring more than 1,000% over 20 years. But it contained dangerous flaws that are only now coming into view amid a drumbeat of terrible news.

- SHAWN TULLY

HOW BOEING BROKE DOWN

SATURDAY, MARCH 9, dawned with thunderstorms rolling across Charleston, S.C., and daggers of lightning illuminating the skies of the historic city. Just after 10 a.m., Rob Turkewitz was sitting in a tony lawyers' office downtown, waiting for his client John Barnett to testify. Barnett was slated to continue the account of the production gaffes he had allegedly witnessed up close on the Boeing factory floor, a dramatic narrative that he had started the previous day. Following a long career in Everett, Wash., where by all accounts he took pride in the planes his teams assembled, Barnett did a stint from late 2010 to 2017 as a quality manager at the North Charleston plant that assembles the 787 Dreamliner. In that role, he had alerted senior managers to what he saw as myriad violations of legally required processes and procedures, and he maintained that his warnings were being ignored. In the years following his departure, Barnett emerged as arguably the most renowned Boeing whistleblower, recounting the quality-control abuses he claimed to have witnessed to everyone who would listen.

Turkewitz wasn't totally surprised that Barnett was late for this round of depositions. "Downtown Charleston was flooded by one of the worst rainstorms I've ever seen," he recalls. "I'd called John's room at the Holiday Inn where he was staying at 9 a.m. to see if he wanted me to pick him up, but he didn't answer."

Barnett's charges had drawn fresh attention in the wake of the January 737 Max door-plug blowout on Alaska Airlines Flight 1282 just after takeoff from Portland, Ore., followed by a string of other mishaps on Boeing aircraft. In interviews after the door debacle, Barnett had been scathing in his criticism of Boeing's lapses, and he attributed the catastrophe to the types of sloppy practices he said he had witnessed and flagged years earlier at the North Charleston plant.

FLERE HISTORIER FRA Fortune US

Fortune US

Fortune US

GET READY TO OWN A TOKENIZED PORTFOLIO

A BLOCKCHAIN \"FREIGHT TRAIN\" IS ALREADY REMAKING WALL STREET'S FINANCIAL PLUMBING. IT COULD MAKE TRADING EVEN FASTER AND CHEAPER

time to read

6 mins

December 2025 - January 2026

Fortune US

RESOURCES HOW RARE EARTHS BECAME GROUND ZERO IN THE U.S.-CHINA RIVALRY

THE WATERSHED moment came in July when the federal government became the largest shareholder of MP Materials, a California miner of rare earth elements.

time to read

2 mins

December 2025 - January 2026

Fortune US

Fortune US

PASSIONS A BLISSFUL ESCAPE FROM DECISION FATIGUE

THE TASTING MENU at Uberto ends, like many others at restaurants of this caliber, with mignardises.

time to read

4 mins

December 2025 - January 2026

Fortune US

Fortune US

JAMIE DIMON OF JPMORGAN CHASE ON STEERING AMERICA'S BIGGEST BANK THROUGH 'INFLATIONARY' TIMES

CEO JAMIE DIMON has led JPMorgan Chase through periods of rapid change and epic turmoil—and Jan. 1, 2026, will be his 20th anniversary in the role.

time to read

6 mins

December 2025 - January 2026

Fortune US

Fortune US

WHAT TO BUY, AND NOT BUY, IN 2026

THREE YEARS OF EUPHORIA IN STOCKS AND OTHER ASSETS HAVE INVESTORS BRACING FOR TROUBLE. HERE'S WHAT TO DO IF BAD NEWS ARRIVES.

time to read

7 mins

December 2025 - January 2026

Fortune US

Fortune US

Breaking the Mold

The Trade Desk's Al-powered platform and open-web ethos has propelled it onto the S&P 500.

time to read

2 mins

December 2025 - January 2026

Fortune US

Fortune US

WINE TARIFF THREATS AND GEN Z SOBRIETY HAVE PUT BORDEAUX ON RED ALERT

IN THE TASTING room of a Bordeaux winery, a photo on the wall shows a pastoral tableau: three generations of the Dubois family, sipping wine on the patio of their Les Bertrands château, with their Australian shepherd, Namek, perched at their feet.

time to read

6 mins

December 2025 - January 2026

Fortune US

Fortune US

HOW AN AI BUBBLE COULD RUIN THE PARTY

IF AI REVENUE DOESN'T CATCH UP WITH AI SPENDING, GLOBAL STOCKS WILL BE AT RISK.

time to read

6 mins

December 2025 - January 2026

Fortune US

Fortune US

INNOVATION IS THE ERA OF ROBOT-DRIVEN UNEMPLOYMENT ALMOST UPON US?

AT A PRESS EVENT LAST YEAR, Amazon Robotics chief technologist Tye Brady told Fortune that the idea that there's a battle of robots versus humans inside Amazon's warehouse network is a “myth.”

time to read

5 mins

December 2025 - January 2026

Fortune US

Fortune US

Nvidia is invincible. Unless it isn't.

The doubters are coming for the world's most valuable company.

time to read

11 mins

December 2025 - January 2026

Listen

Translate

Share

-
+

Change font size