A Boeing controls engineer was found dead in his vehicle on Friday. The police say he shot himself, but the world is skeptical of this explanation of suicide. Because he's a Whistleblower. A former Boeing quality engineer who has been claiming fatal quality omissions in the production of Boeing airplanes for years would have given a new statement about these allegations on Saturday if he had not died. The news of John Barnett, who died suspiciously at the age of 62, erased another $4 billion in one day from the value of Boeing stock, which had already fallen sharply since the beginning of the year. Thus, the loss reached 28% since the beginning of the year. John Barnett worked at Boeing for 30 years. Between 2010 and 2017, he served as the chief quality engineer for the 787 Dreamliner at the North Charleston factory. He leaves Boeing in 2017 and files a lawsuit against Boeing.

The subject of the case is as follows: I was punished for voicing production quality problems at Boeing factories. That's why I'm suing Boeing. Their claims are not easy to swallow. Boeing also says that many quality processes are neglected, low-quality products are used, and even damaged parts are sometimes installed on new aircraft, and old damaged parts disappear. Barnett claims that Boeing managers, who were struggling with Airbus competition at that time, put great pressure on engineers and field teams, and as a result, quality declined. Another claim is about oxygen masks. He says the failure rate of oxygen masks is around 25%. Of course, Boeing completely denied Barnett's claims at the time.

But inspectors from the FAA, the federal aviation administration, go to inspect Boeing and see that there are indeed problems in their quality processes. But what happened in the two years after Barnett left Boeing further raises doubts that the engineer might be right. First, in October 2018, Lion Air's Boeing 737 Max plane crashed. The plane taking off from Jakarta crashes into the Java Sea and all 189 people die. The Boeing 737 Max involved in the accident is a newer aircraft, only 1 year old. Not long after, in March 2019, a 737 Max belonging to Ethiopian Airlines crashed. Unfortunately, all 157 passengers and crew lost their lives when the plane crashed at the airport from Addis Ababa. This plane is a Boeing 737 Max and is only 1 year old.

In the history of aviation, such new planes have never crashed so frequently in a row. For this reason, Boeing 737 Max's are grounded all over the world and a long inspection process begins. In late 2020, it is said that the inspection was completed, quality problems were resolved, and the planes took off again. But unfortunately, the problems with Boeing 737s have not stopped since then. The door of an Alaska Airlines plane broke off at an altitude of 15 feet, approximately 4600 meters. The plane manages to land safely. There are no injuries or deaths, but some mobile phones and other items on the plane disappear into the sky with the air vacuum. Following this incident, the stocks of both Boeing and Spirit, which is responsible for the manufacture of this door, fall sharply. Research shows that 4 important screws were not installed. The adventures of Boeing 737 do not end here. At the beginning of March, a plane belonging to Latam Airlines suddenly lost altitude very sharply in the air. Many passengers have minor injuries. The plane lands safely. The cause of this accident is currently still being investigated.

So Boeing is in real trouble. The 737 Max in particular is in real trouble. Currently, some Airlines have grounded their planes. For example, Southwest Airlines is one of them. In addition, Boeing has entered a process of slowing down the deliveries of these aircraft. Bad news never comes back. A new FAA inspection reveals that Boeing production facilities failed to pass 33 of a total of 89 inspection points. FAA, the federal aviation administration, is the institution that imposes all regulations regarding aircraft in the United States. Boeing seems to be in trouble again here. The biggest criticism about Boeing is that it does not allocate enough money to R&D, it does not allocate enough money to product development, and Airbus produces better quality planes. Since I'm not a technical person, I won't go into the comments on this. But obviously there's something wrong with Boeing.

Let's go back to the story of John Barnett, who passed away. Barnett's morale and motivation were very good, his lawyers say. He was preparing to testify again with great excitement. This is a case that has been going on since 2017. He testified to Boeing lawyers on Thursday. He was to testify again on Friday. They say they see no reason for him to kill himself. According to police, Barnett killed himself in the car right outside the hotel where he was staying. They say they found the gun and state that the wound on his body may be evidence that he shot himself. But of course the research continues. There is a lot of pressure on the police. It is not clear where the work will be connected.

Barnett's family says that Barnett was very tired and under a lot of stress in the fight with Boeing. But they also don't think Barnett will kill himself. Boeing's statement on this matter said that they were sorry for the death of John Barnett and did not make any further statement. What could we expect anyway? Likewise, Boeing shares reacted very sharply. Stocks have been going through trouble for a long time, and from now on, things will be difficult until these doubts are eliminated.

By the way, Boeing 737 is a very important aircraft. It has been one of the most successful commercial aircraft in the skies for many years. Many airlines have hundreds of these. As far as I understand, the problematic series seems to be Boeing 737 Max 8 and 9. But many more Boeing 737s are in the skies. So the next time you encounter a Boeing plane, there's no need to panic right away. But I think it would be better to stay away from its shares. If Boeing resolves these issues, the stock could bounce back quickly. But many commentators I read and watch say Boeing's problems run pretty deep. They say that Boeing's managers are extremely profit-oriented, that they feel very stuck due to Airbus competition, and therefore the pressure on production processes continues. This raises concerns about Boeing's quality. Yes, this is the very tragic, suspicious and interesting story of Boeing. I continue to stay away from its stock and follow its development.

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