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Ones and Tooze
The Trouble With Boeing
Jan 26, 2024
Boeing's recent safety issues and stock decline, implications for Boeing and Airbus, manufacturing problems and market share loss faced by Boeing, comparison of Boeing's approach to Airbus, potential competition from Chinese aircraft manufacturer COMAC
39:50
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Quick takeaways
- Boeing is facing significant safety and manufacturing problems, raising questions about its corporate culture, engineering approach, and financial strategy.
- Boeing's decline can be attributed to financial-driven decision-making over engineering considerations and the influence of external regulation.
Deep dives
The Troubles Boeing Faces
Boeing is facing significant troubles due to a series of incidents, including the mid-air incident where a part of a fuselage became detached from a 737 MAX airplane. This incident was preceded by a number of other safety disasters, including crashes caused by inflight software malfunction. As a result, the FAA has stopped the production of the 737 MAX, and CEO Dave Calhoun is expected to testify before Congress about the company's safety record. Boeing is also losing market share to Airbus, its main competitor.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode