Boeing’s nosedive: How greed ruined a great American company ...News

What was once essentially a collective of engineers known for innovation and craftsmanship now operates in the interests of Wall Street On a sunny day in August 1955, Boeing test pilot, Alvin ‘Tex’ Johnston, was to take the Dash-80, the prototype of the Boeing 707, out for a test flight at an annual hydroplane race over Lake Washington near Seattle. The large crowd gathered for the event included many of the top names in the aviation industry. Rather than perform a simple flyover, the swaggering Tex, who got his start flying crazy loops on daredevil flights on a tri-motor plane across the dusty plains of Kansas, a

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