Loading...
A number of regulators and airlines around the world have announced the grounding of Boeing 737 MAX 9 passenger aircraft since the 6th, and a large number of flights have been canceled. The recent accident has also sparked discussions about Boeing's production quality and the safety of commercial aviation in the United States.
CNBC Jiang Yu: Now not only Boeing, but Boeing's main supplier, Spirit Aviation Systems, is also getting attention. This company was responsible for the installation of recessed hatches in the manufacture of the 737 MAX fuselage. Shares of Spirit Aviation Systems fell about 11.1% to $28.2 a share overnight.
An investigation into the Alaska Airlines incident is now ongoing. On the 7th local time, the U.S. National Transportation Safety Board reported that a teacher from Portland found the hatch of the accident passenger plane in his backyard. According to aviation consultancy Cirium, there are about 215 MAX 9 aircraft in service worldwide, and several airlines have grounded their accident identities and a large number of flights have been cancelled.
According to data from flight data website FlightAware, United Airlines canceled 229 flights on Monday local time, a cancellation rate of about 8%. Alaska Airlines canceled 143 flights, a 21% cancellation rate. In addition, Copa Airlines had a cancellation rate of 14%.
The recent accident has sparked a debate about Boeing's manufacturing quality, with some analysts arguing that it is unacceptable for the failure to occur on a three-month-old aircraft. On the other hand, some investors believe that the fluctuation of Boeing's stock price caused by the accident is only a short-term impact, and consumers will still have confidence in Boeing in the long run.
The issue of flight safety in U.S. commercial aviation has also raised concerns. The rate of airstrip incursions in the United States in 2023 has increased compared to previous years.
Former FAA Administrator Randy Babbitt: After a period of downsizing, when we got back to normal operations, a lot of new people were put into new roles. A slight criticism is that we have been somewhat slow to adopt new technologies.
Now, Boeing is working to accelerate production of the MAX model, and increasing commercial production is critical for Boeing to meet its financial goals, which it plans to generate $10 billion in free cash flow annually by 2026. But now analysts say Boeing needs to convince people that they can speed up their production while maintaining the quality of their production.
Please indicate CCTV Finance and Economics for reprinting
Editor: Wang Yifan