Business | Schumpeter

Once high-flying Boeing is now a corporate criminal

Its woes illustrate the excesses of a lean-and-mean era in corporate America

Illustration of a boeing plane being being weighed down by a giant ball and chain
Illustration: Brett Ryder

At the turn of the century Boeing launched an advertising blitz to show what a marvel of American manufacturing it was. Called “Forever New Frontiers”, it highlighted its pioneering work on some of the 20th century’s biggest breakthroughs, from passenger and fighter jets to space rockets and satellites. Coming a few years after its merger with McDonnell Douglas, a smaller rival, Boeing stood tall in the fast-consolidating aerospace industry.

Explore more

This article appeared in the Business section of the print edition under the headline “Boeing, a corporate criminal”

How to raise the world’s IQ

From the July 13th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Business

The global tourism boom is shifting to Asia

Travel in the region is roaring after a difficult few years

From Taylor Swift to Star Trek, niche cruises are on the rise

Themed offerings are luring young and old


Startups are finding novel ways to recycle carbon

Demand is set to rocket as costs continue to fall


How to take proper breaks from work

The matinée test

Hindenburg widens its attack on Adani

It has taken aim at the boss of India’s securities regulator

Can Chipotle’s boss turn Starbucks around?

Brian Niccol faces three big challenges