According to Al-Eqtisadiah newspaper, these rare losses occurred for the company despite the good profits achieved last year, and its sales jumped to more than 100 billion dollars in 2018. >
Boeing is currently in the focus of an international storm after two fatal accidents occurred during the 5 months of its 737 Max aircraft, which represent the backbone of Boeing and an important part of the company's fleet, but this plane has been Stopping it globally, and the company has become the subject of an American criminal investigation regarding the certificates and marketing of this plane, while Boeing says that it will soon finish repairing the program that is likely to be the cause of the problem, but it does not seem that this problem has an easy end. The company's CEO, Dennis Moylenburg, said in a public speech this week that safety is a major concern in Boeing and ensuring safe and reliable travel on our aircraft is a lasting value and our absolute commitment to all.
A Boeing 737 MAX plane was crashed on March 10, shortly after takeoff in Ethiopia, killing all the passengers on board. This came after a plane crash. 737 MAX in Indonesia in October 2018 killed 189 people. Countries and airlines around the world have begun to stop the 737 MAX's flight from flying until clear details emerge of what happened on the Ethiopian Airlines flight. All new orders to buy Boeing's 737 Max sold worldwide stopped.
Early reports indicate that both incidents are related to a software feature that has not been communicated to pilots sufficiently, while officials said Thursday that Boeing will update the training of pilots. The Norwegian airline has become the first airline to announce that it will ask Boeing to pay fees for the suspended flight time and other airlines are expected to follow suit. Garuda Indonesian Airlines is the first airline to cancel a set of orders for a maximum 737 aircraft, while most of Boeing's major airline customers who were contacted by CNN on Friday said they either had no plans to change their orders, or it was too early to comment on their plans.
Morningstar analyst Chris Higgins said that Boeing is to deliver thousands of 737 Max aircraft, but if any of the company's major customers such as Southwest or Ryanair take a similar step This could cause a major problem for Boeing's financial forecasts. CNN sources said on Wednesday that the Federal Bureau of Investigation (FBI) and the Criminal Department of the Justice Department are leading an investigation into Max 737's certification and marketing methods. The sources added that criminal investigators requested information from Boeing about safety procedures and the issuance of testimony ...
