Bad news follows Boeing's share price decline.
On Monday, a Boeing passenger plane flying from Australia to New Zealand suddenly went down during its flight, injuring about 50 passengers after it made a forced landing.。As a result, Boeing shares fell more than 4 percent on Tuesday.。Year-to-date, Boeing shares have fallen by a quarter。
Boeing had another accident.。
About 50 passengers were injured on Monday after a LATAM flight from Australia to New Zealand crashed during the flight and made a forced landing.。The plane involved in the accident was operated by Chile's flagship airline, a Boeing 787-9.。
In response, Boeing said it was "working to gather more information about the flight and will provide any support customers require."。Affected by this, local time on Tuesday (March 12), Boeing shares fell more than 4% to close at 184.23 美元。
Frequent accidents, Boeing failed multiple inspections
There have been a number of accidents with Boeing aircraft this year.。
On January 5, an Alaska Airlines new Boeing 737 Max 9 fell off during a high-altitude flight, causing the cabin to decompress and finally make a forced landing at Portland International。After Alaska Airlines CEO Ben Minicucci revealed that after the near-disaster, the company found "many" Boeing 737 Max 9 had problems with loose bolts。Minicach also said Alaska Airlines is conducting additional oversight of Boeing's production lines。In addition, United Airlines also said that the company found loose bolts on some Boeing 737 MAX 9 aircraft.。
On January 17, U.S. Secretary of State Blinken was forced to postpone his return to the United States due to a serious failure in the Boeing plane he was flying in.。On January 18, an Atlas Airlines Boeing 747-8 freighter encountered an engine failure shortly after takeoff and made an emergency landing at Miami International Airport.。
On January 24, a Delta Boeing 757 passenger plane took off for Colombia when its nose landing gear tires became loose, fell off and rolled down a mountain。On February 19, United Airlines said a Boeing 757-200 airliner made an emergency landing in Denver due to damage to its right wing during the flight.。Just last week, United had three Boeing technology accidents in five days, and fortunately they didn't cause any casualties。
After the accident on January 5 this year, the Federal Aviation Administration (Federal Aviation Administration) began a six-week investigation of Boeing.。The survey found that out of a total of 89 reviews, Boeing passed only 56, with a high percentage of failures.。The Federal Aviation Administration found a total of 97 Boeing nonconformities。
In addition, Spirit AeroSystems, which produces Boeing 737 Max aircraft fuselage parts, was reviewed and more than half of the 13 reviews (a total of 7) failed。
The Federal Aviation Administration has ordered production limits on its best-selling 737 aircraft and given Boeing 90 days to outline its proposed action plan in response to the review results.。
"Boeing must be committed to real and profound improvement."。Federal Aviation Administration Administrator Mike Whitaker said, "Achieving fundamental change requires a sustained effort from Boeing's leadership, and we will hold them accountable at every step and set milestones and expectations of mutual understanding."。"
The death of a Boeing whistleblower
In addition to the frequent accidents and poor review results, a whistleblower who had publicly questioned Boeing's production standards was recently found to have died suddenly, pushing Boeing's negative public opinion to the top.。
The whistleblower, named as John Barnett, whose body was found in a car outside a Holiday Inn hotel, said after a post-mortem examination that Barnett died from a shooting that was initially believed to be a suicide.。
Barnett, 62, who is considered a "whistleblower" on Boeing's production safety, spent more than three decades at Boeing and retired in 2017.。
Retired former Barnett worked as a quality control manager at Boeing。In 2019, Barnett told the media about quality issues at the Boeing plant in South Carolina, where the Boeing 787 is assembled.。Barnett said he found scrap metal near flight control lines.。If sharp metal chips pierce the line, it could have "catastrophic" consequences.。But when he reported the problem to his superiors, they transferred him to another part of the factory.。
That same year, Barnett disclosed to the media that up to a quarter of the oxygen system on the Boeing 787 may not work due to a problem with parts installed at the Boeing factory。
Barnett filed a tip-off complaint with the U.S. government, which is still pending。Days before his death, Barnett was questioned by Boeing lawyers and his own。The court had planned to let Barnett answer more questions on Saturday, but he has been unable to appear as planned。With Barnett gone, the case will be forever dusty。
In recent years, Boeing's safety has been criticized, and many believe that the excessive emphasis on profit margins by Boeing executives is an important reason for Boeing's frequent safety accidents.。
In a statement, Barnett's family said: "John is deeply concerned for the safety of the aircraft and the flying public and has identified a number of serious deficiencies that he believes have not been adequately addressed.。John said Boeing has a culture of concealment and puts profits above safety.。"
Year-to-date, Boeing's stock price has fallen all the way down, its market value has shrunk by a quarter, and the company is one of the worst performers in the S & P 500。
At the same time, the market value gap between Boeing and its "old rival" Airbus also hit a record high, reaching about $24 billion.。Last month, Boeing trailed Airbus in aircraft deliveries。The former delivered 27 aircraft to customers in February, while Airbus delivered 49.。
Boeing crisis begins to spread throughout the airline industry
As Boeing faces multiple regulatory inspections, aircraft production has been affected and delivery times have been extended, negatively affecting the entire airline industry to varying degrees.。
On Tuesday, Southwest announced delivery delays due to Boeing's ongoing production problems, forcing Southwest to reassess "all previous full-year 2024 guidance, including capital expenditure expectations."。It is reported that Boeing has notified Southwest Airlines of its previously scheduled 58 737 MAX 8 aircraft, of which Boeing will only be able to deliver 48 this year.。
Southwest Airlines says it expects a new loss in the first quarter but returns to profit in March。The company expects revenue per available seat mile to grow 2% in the first quarter, down from the previous 2.5% to 4.5% growth forecast。Separately, the airline plans to cut capacity in 2024 and cut most hiring, including 50 percent fewer pilots and 60 percent fewer flight attendants, while the company is reviewing its spending plans in response to a drop in Boeing deliveries.。
Alaska Airlines also said on Tuesday that its capacity outlook remains "evolving" due to uncertainty over deliveries.。
Delta said deliveries of the 737 Max 10 aircraft it ordered from Boeing could be delayed until 2027 because Boeing is currently facing regulatory scrutiny.。Delta previously announced it would buy 100 Boeing 737 Max 10 jets in 2022, when it expected the planes to be delivered from 2025.。
United's chief executive, Scott Kirby, also said on Tuesday that the company had asked Boeing to stop producing the 737 Max 10, which it had previously ordered, in favor of the Max 9.。Because "it's hard to say when the Max 10 will be certified.。"
Kirby further said the company would seek to reach an agreement with Airbus, "We are in the process of purchasing the A321 aircraft and if we reach a viable agreement we will take action."。"
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