Not much different from what has happened to all of our industries in the past 15 years...including big dot.com business...
1. Newer generations of management are in charge. They see all that capital lying around and can’t help but wonder how to get it into their personal pockets - as opposed to using it to refurbish the business’s productions methdods, facilities...etc...
2. The same management sees all the “necessary” expenses that occur as part of operations for quality control and regulatory compliance purposes - and beleives them to be “unnecessary” and tries to treat them as any other regular expense via outsourcing, cutting corners, substituting material and specs, etc...
3. The same management lobbies government as a big business with lots of pocket money that needs “proctection” from competition, suits, investigations, etc. When the lobbying is successful - the government does exactly that.
The problem here is, when an airplane “falls” out of the sky or breaks into major sectional pieces even in the most minor runway overuns, people die.
=8-)
Thanks for that.