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Comment by piva00 | Hacker News Reader

> The biggest disaster of recent times (MCAS) was because of the tight regulations around type certification and trying to avoid costs to carriers

Meaning they tried to skirt around the regulations, including regulatory capture by pushing self-certification because competition caught up to them while they spent money on buybacks instead of investing in R&D, perhaps even investing in absorbing some costs of certification of pilots into a new type they could develop into the future instead of relying on a design from 60 years ago.

Mismanagement is what created Boeing's issues, not regulation.

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> Meaning they tried to skirt around the regulations, including regulatory capture by pushing self-certification because competition caught up to them while they spent money on buybacks instead of investing in R&D, perhaps even investing in absorbing some costs of certification of pilots into a new type they could develop into the future instead of relying on a design from 60 years ago.

No, this is literally the opposite of what happened. They did not want all the operators to go through lengthy and expensive recertification processes as required by the FAA so they make the system as close as possible which likely cost them millions of dollars.

The issue was that pilots were not aware, they received very little training and knowledge on the subject when they should have had more (just not a new type cert)

Its also bullshit to say the EU has less regulation on developing planes than the US. Boing was just incompetent and mismanaged because of decades of government handouts keeping the business going and MBA wielding idiots cutting costs at every corner.

It became a private equity managed business without ever being bought by private equity.

> Boing was just incompetent and mismanaged because of decades of government handouts keeping the business going and MBA wielding idiots cutting costs at every corner.

>cutting costs at every corner

Costs like those incurred when adhering to safety standards set by regulations?

Arguing the EU has less regulation than the USA on anything is 99.9999% always wrong.

Is the 0.0001% kinder eggs?

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