Bowing, like many companies, has its roots in relationship with the us. Government or in the military. They are effectively extensionel at least these are extensions ofe of the pentagon. But they still have competition a it's just not as much an air bus is their biggest competitor. And their ings relationship with the american state is nearly a hundred years old.
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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.
