Apropos "losing wings" and losing the right to wear wings where FNAEB/FNFOEB's (Field Naval Aviator Evaluation Board/Field NFO Evaluation Board)are concerned (insert old guy disclaimer about rules changes here) - it wasn't until one scraped the bottom of the FNAEB barrel with a B2 recommendation that one was forbidden to wear one's wings.
Quick recap: There are two basic recommendations a FNAEB can make, retain in flight status and terminate flight status. If retained, one can be returned to flight status (A1)(since one is grounded upon convening of a FNAEB), returned via the FRS for refresher/additional training (A2), sent back but in a different command(squadron and airwing)(A3), or returned to flight status but in a probationary status (A4) (usually for folks who are otehrwise good aviators but can't seem to qual at the boat). If terminated, one is either alowed to continue the priviledge of wearing wings (B1) or has that priviledge revoked (B2). (note: am hearing that A2 and A3 have been combined since my time -- disclaimer noted above still in effect)
When I was at AIRLANT as the VAW Training and Readiness guy in the "Ready Room" (and with the AIRLANT LSO, the junior JO in an office populated by post-command O-5's...that was fun...:icon_smil) I was also the AIRLANT FNAEB coordinator and working on my double centurion patch by the time I went on to my DH tour. Of all the cases we worked, only two were recommended as B2 and both centered on egregious behavior by the SNA (lying) in combination with his offense(s). Word of advice -- never lie at the big green table. Inclination at the time was to normally give the guy a break, send him back with 6 mos probation and a re-qual (most A4's were initial DQs at the FRS) and +90% usually did well going back. I remember one who didn't and got picked up pretty quickly by the nuke program (guy had a PhD from MIT in nuclear physics but couldn't qual at the boat...). There were a coulpe who were allowed to transition to the NFO program as well.
Oh yes, and for reference, while I ended up handling FNAEBs (and FNFOEBs) on folks from every single community, some (*cough* VF *cough*) provided the lion's share at times...