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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Boeing’s Crisis Management On Display at Asia’s Foremost Airshow

Boeing's Crisis Management On Display at Asia's Airshow
Boeing's Crisis Management On Display at Asia's Airshow

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Boeing’s Crisis Management On Display at Asia’s Airshow

This week, Boeing’s presence at the Singapore Airshow is marked by a focus on military hardware, with displays of the F-15 fighter and Apache attack helicopter. At the same time, the absence of its commercial jets is notable. This comes in the wake of a troubling incident where a cabin panel detached mid-flight from a new Alaska Airlines Boeing 737 Max 9 in January, leading to a temporary global grounding of the aircraft. Boeing’s orders have declined since then, and its rival Airbus showcased its A350-1000 passenger jet at the event.

Ed Clark, the leader of Boeing’s troubled 737 Max program, announced his departure during the airshow. Boeing, facing safety concerns and customer frustrations, is striving to regain trust. The recent Alaska Airlines incident is not Boeing’s first safety crisis; the 737 Max 8 was grounded in 2018 after two fatal crashes, resulting in 346 casualties. Boeing’s President, Dave Calhoun, acknowledged accountability for the Alaska Airlines incident and emphasized the need for transparency and action to regain trust.

While some of Boeing’s significant customers express frustration, industry veteran Willie Walsh, head of IATA, believes Boeing is responding appropriately to the challenges, taking ownership of the problems, and committing to addressing them. The aviation industry closely watches Boeing’s efforts to restore confidence, considering it an essential player in global commercial aviation and defense.

The Singapore Airshow also introduced a new competitor for Boeing and Airbus – the Chinese state-owned planemaker Comac. The Comac C919, a rival to Boeing’s 737 Max and Airbus’ A320neo, debuted internationally. Despite its potential, analysts note that the C919 might not be a serious international contender for some time due to slow production, regulatory hurdles, and reliance on international supply chains for critical components. Boeing emphasizes the continued significance of its 737 Max in the global airline industry, asserting its prominent position with a takeoff occurring every 16 seconds somewhere in the world. Despite challenges, Boeing remains a crucial player in aviation due to its vast employment and federal political importance.


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