Can Boeing turn it around?
Description
Aerospace giant Boeing has had big problems to overcome since the crashes of two of its 737 Max aircraft. Its situation was compounded this year with another safety scare and a strike losing it billions of dollars. It has a new CEO who has pledged to return the company to its engineering roots and away from cost cutting and in October, Boeing managed to raise 21bn US dollars by issuing new shares in the company. However, catching up on lost production will take time and money and financially the company is nowhere near out of the weeds.
Can Boeing regain the trust of regulators, airlines and passengers?
Contributors:
Richard Aboulafia, AeroDynamic Advisory, a US aerospace consultancy
Sharon Turlep, an aviation industry reporter at the Wall Street Journal
Christine Negroni, an aviation journalist specialising in safety
Scott Hamilton, aviation analyst
Presented by David Baker.
Produced by Bob Howard.
Researched by Matt Toulson.
Edited by Tara McDermott.
Mixed by David Crackles.
Image credit - Kevin Burkholder via Getty Images