The Two 737 Max Crashes Challenge Boeing's Reputation
NEW YORK CITY, NY – According to an online report from northwestgeorgianews.com, in an age where airline safety is paramount, the newest of Boeing’s fleet has resulted in the death of three hundred forty six people, which is seriously affecting the company’s reputation.*
Over forty countries have called for the grounding of the planes or have refused to allow them into their airspaces following the crash of Boeing’s 737 Max 8 operated by Ethiopian Airlines. This crash was similar to an accident last October involving a Lion Air plane crash in Indonesia, killing all on board.
After holding out for a number of days, President Trump issued an emergency order, enforced by the United States Federal Aviation Administration, grounding all Boeing 737 Max 8 and 9 aircraft across the country.
Boeing’s reputation is taking a huge hit because not only have their aircraft been involved in two fatal plane crashes, they refused to voluntarily ground the planes after several countries pulled them from the sky.
The company’s financial wellbeing could also be affected as it may face lawsuits from families of the victims, claims for compensation by airlines who have Boeing 737 Max aircraft in their fleet, delayed revenue from plane deliveries that are missed, and the expenses associated with finding out and repairing what is wrong with this type of aircraft that has led to the Ethiopian Airlines and Lion Air crashes.
According to a former flight attendant, "[i]f you look at past history of when they've had any issues with aircraft, they fix the problem and they move on," the flight attendant said. "It's very, very traumatic, but aviation safety is built on the blood of victims, and that's how you learn these lessons. The real challenge is to make sure you understand what the problem is before you start putting in fixes."
The fact that the airplanes are grounding will have a significant financial effect on Boeing, at least for now. There are over four thousand six hundred Boeing 737 Max 8 airplanes that are backlogged, and they won’t be released to the public until the worldwide ban is lifted and the planes are repaired.
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