Boeing ‘Rotten Culture’ to Blame for 737 Max Woes, Suit Says (2)

Boeing Co.'s senior leaders presided over a “rotten culture” of corporate cost-cutting that prioritized profits over the safety of its flagship jetliners, even after two deadly air disasters, according to a lawsuit unsealed Wednesday.

Two pension funds are suing Boeing’s ex-CEO and members of its board over the safety problems plaguing its 737 Max and 787 model planes, saying top executives stuck the company in a “perpetual doom loop” as they tried to recover from the crashes in 2018 and 2019. Each shortcut led to issues that only caused further delays, forcing them to cut more corners in the scramble ...