When air bus was coming out with its seven forty seven competitor, t the a three 80. They were noticing declining sails, and they were kind of like, do we eedt even make other jumbo jat? The money that air bus as sunk into the e three 80 has actually not been recovereda still. And i don't know if they're projected even on it ever, with current sales patterns,. But, ah, things like that can really make ar break or company. There have been many companies that have gone bankrupt because they got this calculus wrong. It's very tough to do this right. Back in the day, when there was much less demand, there was much
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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.
