Bowing has it handled internally, o similar to the early days of general dynamics. Were started out as sort of like a little industrial shop, kind of a defense contractor. But they made a lot of their big breaks by having a trustus attitude and leveraging accumulated government ties. Bowing invests heavily and saying, we're not going to necessarily build planes that can do any route.
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In 2019, Airbus surpassed for the first time Boeing as the largest aerospace company in the world, as two crashes of Boeing’s 737-Max airplane forced a grounding of the fleet and a halt in sales, eventually costing it $20 billion in associated fines and delays. While Boeing maintains a relatively strong overall safety record as measured by crashes per million departures, the production problems with the 787 Dreamliner in the mid 2010s and the recent 737 debacle has cast some doubt as to the management and engineering practices at the century-old American icon of industry. Tonight we delve into the roots of what made the company as successful as it was, as well as some of the key events that arguably led to its current troubles that date back well into the 1990s and beyond.
