Some businesses, like Boeing, are so large that they are considered too big to fail, as demonstrated in the fraud case.

Alaska Airlines Incident Triggers Reevaluation of Boeing’s Corporate Behavior
In a recent article published by The Conversation, the incident involving Alaska Airlines flight 1282 losing a door plug at 10,000 feet has prompted a closer look at Boeing’s corporate practices. Following two fatal crashes involving Boeing 737 Max planes in 2018 and 2019, the US Department of Justice (DoJ) has reopened its investigation into the company, resulting in Boeing agreeing to plead guilty to conspiracy charges and pay additional fines.

Despite Boeing’s felony admission, the US government continues to do business with the company, citing “compelling business interests.” This dependency on major corporations like Boeing raises questions about accountability and the ethical implications of prioritizing financial gain over public safety.

Boeing’s behavior, including seeking safety exemptions from the FAA and facing criticism from airlines like Emirates and United, suggests a lack of accountability and a confidence trap that rewards risk-taking without repercussions. This raises concerns about the impact on passengers and the airline industry, with potential consequences such as higher fares and a loss of trust in the system.

To address these issues, the article suggests implementing financial clawbacks to hold executives accountable for criminal behavior resulting in crashes or safety risks. By emphasizing accountability and enforcing consequences for corporate misconduct, the aviation industry may be able to rebuild trust and prioritize passenger safety over profits.

Source
Photo credit alaskabeacon.com