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Marketplace All-in-One

Boeing’s latest accident might not ground business

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 9 January 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Investigators are still looking into why a piece of a Boeing aircraft blew off an Alaska Airlines flight over the weekend. It’s the latest issue with 737 Max planes, including an aircraft grounding following two crashes several years ago. Thing is, plane orders take years and there are few manufacturing competitors — meaning Boeing may not lose much businesses. And later: how Germany’s budget cuts helped spawn a major protest by farmers.

Transcript

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0:00.0

How will Boeing's bottom line be affected by the latest problems with its max planes?

0:06.0

From Marketplace, I'm Nancy Marshall Genser in for David Brancaccio.

0:11.0

Investigators are continuing to look into why a piece of a Boeing aircraft blew off an

0:16.3

Alaska Airlines flight over the weekend. United Airlines found loose bolts on similar grounded

0:21.9

737 max-9 planes.

0:24.6

This is the latest issue with Boeing's signature aircraft.

0:28.1

Problems with a supplier surface last summer,

0:30.4

and about five years ago,

0:31.9

to 737-37 max eight planes crashed

0:34.8

grounding the planes for more than a year but as Marketplace's Henry Epp reports

0:39.8

the company might not lose much business as a result of this latest incident.

0:45.0

Even before the Alaska Airlines incident, Boeing's recent record didn't look great.

0:50.0

The perception out there in the industry is Boeing has a lot of quality problems.

0:55.0

John Goliya is an independent safety consultant and a former member of the National Transportation Safety Board.

1:01.0

He says those problems are leading to headaches for Boeing's

1:03.8

customers, commercial airlines. The customer is spending an inordinate amount of

1:09.2

time working through issues that should not have made it out of the factory.

1:14.0

In a lot of industries, if the product a business relies on isn't up to its standards,

1:19.0

it cancels orders from that supplier.

1:21.0

But in the case of commercial jets it's not that easy in part

1:24.5

because the wait for a jet traditionally is years long says Richard

1:28.5

Abolafia managing director of Aerodynamic Advisory. You want to get your plays in line.

...

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