December 25, 2024

Airbus CFO: We are not satisfied with Boeing's problems

French aircraft manufacturer airbus ‘Not satisfied’ with numerous problems facing its U.S. rivals boeing companyAccording to its chief financial officer.

“We’re not happy with the problems our competitors are facing. I don’t think it helps the industry, and if it doesn’t help the industry, it doesn’t help Airbus,” Thomas Topfer told CNBC’s Summer News on Thursday. Lott Reed said in an interview.

“We do think we have a very good product. We’re seeing that in the very good order volumes we’re seeing in 2023. And that should continue in 2024 as well.”

Boeing is under intense pressure after a series of costly and reputation-damaging incidents. Alaska Airlines is facing a lawsuit and an investigation by the Federal Aviation Administration (FAA) after a door plug exploded on a 737 Max 9 aircraft on January 5.

It follows two fatal crashes in 2018 and 2019 involving the company’s best-selling aircraft, the 737-Max, which eroded public trust in the company and raised serious questions about its culture and quality control processes.

During the investigation, the National Transportation Safety Board (NTSB) in Portland, Oregon, USA saw that the Boeing 737-9 MAX of Alaska Airlines Flight 1282 was forced to make an emergency landing, with a gap in the fuselage and the fuselage plug area on January 7, 2024. day.

U.S. National Transportation Safety Board | via Reuters

Meanwhile, concerns are growing that planemakers are under too much pressure to ramp up production as airlines face a capacity crunch.

Topfer told CNBC: “My view is … it’s a factor that makes us think more about, how do we make sure these things never happen at Airbus?”

“We’re obsessed with the idea, so we’re putting more scrutiny into our production processes. We’re even more focused on the long-term investments we’re making in our products and technology. I think that’s served us well in the past, and we’re moving along that path The road goes on.”

Aerospace bosses – many of whom have large backlogs of Boeing orders – have generally expressed their continued confidence in the company amid the turmoil of the past six years. However, a group of airline CEOs recently requested a meeting with Boeing’s board of directors to voice their concerns about the Alaska Airlines fiasco and production issues, wall street journal reported Thursday.

Michael O’Leary, the outspoken head of budget airline Ryanair harsh criticism Boeing spoke with Skift this week about its handling of the 737 Max crisis and its leadership.

Like other airlines, Ryanair has placed high-efficiency single-aisle jets at the heart of its growth and fleet renewal strategy.

Former National Transportation Safety Board investigator Alan Diehl says Boeing's culture really needs to be addressed

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