Last year, Boeing agreed to pay $2.5 billion in fines in a deferred prosecution agreement with the U.S. The crisis has cost Boeing some $20 billion, not to mention a significant share of the crucial, single-aisle market now dominated by the Airbus A320.Įven after the return of the Max, Boeing's commercial airliner deliveries lagged Airbus in 2021. "They would bring in someone new and they would say, 'No, we're going to go back to being what we were - the best aerospace engineering company in the world, and we're not going to watch the daily stock price.' But that didn't happen."Īfter all, many of the forces within Boeing that investigators have linked to the crashes - including fierce competition with rival Airbus, as well as pressures to cut costs and speed up production - have only gotten more intense as the company tries to regain lost ground. House Transportation and Infrastructure Committee Chairman Peter DeFazio, D-Oregon, said in an interview. "I had hoped that this would be a major reckoning," U.S. Much less clear, however, is whether, in its next generation of aircraft, Boeing can avoid the cascade of errors, shortcuts and management failures that led to 346 deaths in two 737 Max crashes in 20 - blamed in part on the plane's flight-control system.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
June 2023
Categories |