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> Airbus isn't focused on profit Why would you say that? > profit (cutting corners) Is profit the same as cutting corners?

bhtru 7y ago
The context of the reply is why Airbus would not encounter the same organizational faults as Boeing. The general consensus is that Boeing pursued profit over safety with respect to the MAX. & they did so by cutting corners.
- ailideex 7y ago
  I think it is fair to say that Boeing cut some corners which resulted in the current situation - but even Airbus surely only prioritises safety over profit to a point - and I'm also sure Airbus cuts some corners. And this is also not really clarifying why Airbus, a publicly listed company with shareholders, is not focused on profits. I think what is being missed here is nuance - I don't think air-travel with 0 risk is possible - most things come with risk and if we are not willing to consider anything else nothing will ever get done.
- ailideex 7y ago
  You really think Airbus will never prioritise profit over increasing safety? And if so do you think that Airbus planes are 100% safe?
formercoder 7y ago
Was it profitable for Boeing to cut corners?
- stallmanite 7y ago
  It was ‘til it wasn’t.
- snovv_crash 7y ago
  It was for the execs for 20 years.
  - ailideex 7y ago
    There is being prudent and then there is being negligent - I think people conflate them. I don't think there is any publicly traded company that does not care about profit - Boeing is not somehow unique in this. If the profit is competently pursued then you won't jeopardise safety beyond a certain point though - because that will in the long term impact profits and shareholders who appoint execs are not benefited by reduction in long term profits and therefore the value of the company.
    - formercoder 7y ago
      Quite the contrary, they are bound by fiduciary duty. Short term profits for long term disaster breaches that responsibility.

bhtru 7y ago

The context of the reply is why Airbus would not encounter the same organizational faults as Boeing. The general consensus is that Boeing pursued profit over safety with respect to the MAX. & they did so by cutting corners.

ailideex 7y ago
I think it is fair to say that Boeing cut some corners which resulted in the current situation - but even Airbus surely only prioritises safety over profit to a point - and I'm also sure Airbus cuts some corners. And this is also not really clarifying why Airbus, a publicly listed company with shareholders, is not focused on profits. I think what is being missed here is nuance - I don't think air-travel with 0 risk is possible - most things come with risk and if we are not willing to consider anything else nothing will ever get done.
ailideex 7y ago
You really think Airbus will never prioritise profit over increasing safety? And if so do you think that Airbus planes are 100% safe?

formercoder 7y ago

Was it profitable for Boeing to cut corners?

stallmanite 7y ago
It was ‘til it wasn’t.
snovv_crash 7y ago
It was for the execs for 20 years.
- ailideex 7y ago
  There is being prudent and then there is being negligent - I think people conflate them. I don't think there is any publicly traded company that does not care about profit - Boeing is not somehow unique in this. If the profit is competently pursued then you won't jeopardise safety beyond a certain point though - because that will in the long term impact profits and shareholders who appoint execs are not benefited by reduction in long term profits and therefore the value of the company.
  - formercoder 7y ago
    Quite the contrary, they are bound by fiduciary duty. Short term profits for long term disaster breaches that responsibility.