Flying stop: Boeing
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 12 March 2019
⏱️ 22 minutes
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| 0:00.0 | Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer. |
| 0:10.2 | Every weekday we provide a fresh perspective on the events shaping your world. |
| 0:18.1 | In the Soviet Union, television was the public's go-to source of news, so it was the best place |
| 0:23.6 | for the state to propagate its propaganda. In the internet age, things are rather different. |
| 0:29.5 | Russia's president Vladimir Putin is trying to regain control of the public's attention, |
| 0:34.1 | but he may be too late. |
| 0:36.5 | And in Bangladesh, there's been a sharp rise in the number of divorces. That's partly |
| 0:41.8 | because of changes to laws and to the labor force, but the country's women, it seems, |
| 0:45.9 | are modernizing faster than its men. |
| 0:55.9 | First up, though. |
| 1:00.5 | After two deadly airliner crashes in the space of just months, Boeing's reputation and revenues |
| 1:07.5 | are at risk. 157 people died when an Ethiopian Airlines flight crashed on Sunday, six minutes after |
| 1:14.8 | takeoff. The tragedy came five months after the crash of a lion air flight in the Javas-C, |
| 1:20.1 | under apparently similar circumstances involving the same model of aircraft, Boeing's 737-max-8. |
| 1:27.9 | America's air regulator announced yesterday that it will mandate design changes to the aircraft |
| 1:32.6 | by April. And some countries have chosen to ground all of their 737-max airliners, first among |
| 1:38.7 | them China. The resulting sell-off caused shares in the American firm to plummet. |
| 1:44.6 | Boeing is a huge part of China's aviation industry. Simon Rebenovich is our Shanghai bureau chief. |
| 1:50.6 | It's the world's fastest growing airplane market that got thousands of commercial planes in |
| 1:54.7 | operation. Boeing has a roughly even split with Airbus. More than a thousand Boeings are flying |
| 2:01.0 | on any given day in China. And nearly a hundred of those are the 737-max and all of those are grounded. |
| 2:07.5 | There's been two crashes involving this plane. China is the biggest customer market right now for |
... |
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