Amid ongoing scrutiny of Boeing BA, political scientist Ian Bremmer reacted to an article by the New York Times on the airline’s struggle to maintain financial performance and safety standards.
What Happened: On Sunday, Bremmer posted a screenshot of an article by the New York Times headlined “Boeing Faces Tricky Balance Between Safety and Financial Performance” published first in January on X, formerly Twitter.
“Are you f***ing kidding me,” he wrote.
Why It Matters: Boeing is currently under intense scrutiny following a series of aviation incidents. U.S. Transportation Secretary Pete Buttigieg emphasized the need for “an enormous amount of rigor” in dealing with Boeing after a fuselage blowout on an Alaska Air Group Inc. flight in January.
Further pressure mounted on Boeing after a string of mechanical failures leading to emergency landings, including an incident with an American Airlines-operated Boeing 777.
United Airlines was contemplating a significant fleet change, potentially replacing delayed Boeing 737 Max 10 orders with Airbus SE’s A321neo jets. This move could signal a loss of confidence in Boeing and a competitive advantage for Airbus.
The aerospace giant’s stock has seen a decline, with a previous close at $182.53 and a recent drop to $180.70, marking a 1% decrease.
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