WASHINGTON: A welders attack. Another safety issue involving its disturbed top-selling aircraft. A plunging property value.
2024 was now a distressing time for Boeing, the American aerospace big. But when one of the company’s jet crash-landed in South Korea on Sunday, killing all but two of the 181 people on board, it brought to a nearby an particularly terrible season for Boeing.
The cause of the collision remains under investigation, and aircraft experts were easy to identify Sunday’s event from the bank’s earlier security problems.
It would be incorrect to associate the affair with two fatal accidents involving Boeing’s troubled 737 Max aircraft, according to Alan Price, a former chief captain at Delta Air Lines who is now a specialist. In January this year, a door lock blew off a 737 Max while it was in journey, raising more questions about the aircraft.
The Boeing 737-800 that crash-landed in Korea, Price noted, is” a pretty proven flight”. It’s unique from the Max… It’s a quite secure airplane.’ ‘
For years, Boeing has maintained a position as one of the companies of American production. But the the previous year’s repeated issues have been damaging. The company’s stock price is down more than 30 % in 2024.
The 737 Max accidents, which occurred less than five weeks off in 2018 and 2019, tarnished the company’s reputation for safety and left a total of 346 people useless. They occurred off the beach of Indonesia and Ethiopia less than five weeks off in 2018 and 2019. In the five years since then, Boeing has lost more than$ 23 billion. And it has fallen behind its German rival, Airbus, in selling and delivering new helicopters.
Final fall, 33, 000 Boeing tradesmen went on strike, terrible the production of the 737 Max, the agency’s bestseller, the 777 aircraft and 767 goods plane. The International Association of Machinists and Aerospace Workers ‘ present, which included 38 % pay raises over the course of four years, was accepted by the organization for a seven-week strike.
In January, a door lock blew off a 737 Max during an Alaska Airlines journey. Boeing airplane production was subject to restrictions set by national regulators until they were confident in their ability to ensure safety at the company.
Boeing entered a plea deal in July to a conspiracy to defraud after lying to the Federal Aviation Administration authorities who approved the 737 Max. Acting on Boeing’s insufficient disclosures, the FAA approved little, computer-based coaching instead of more extensive training in flight models. Some airlines would have had to pay more for Airbus planes to perform the Max if they had received model training. ( Prosecutors claimed they lacked evidence to support the claim that Boeing’s deception was a factor in the crashes. )
However, a federal judge in Texas, ReedO’Connor, who decided that the government’s and Boeing’s policies on diversification, inclusion, and equity could have an impact on hiring an established to handle Boeing’s compliance with the contract, rejected the plea deal.
Boeing has sought to change its traditions. David Calhoun left as CEO in August under severe pressure from health concerns. Since January, 70, 000 Boeing people have participated in conferences to discuss ways to improve health.
