OPEN LETTER/ Come to the dialogue and listen to me speak, otherwise I will cut off your scholarships, you will rot in prison. Please!

 Kliko këtu për të tjera
Voxpress:

The Boeing crisis threatens the US economy

2024-03-18 11:51:25Kosova&Bota SHKRUAR NGA REDAKSIA VOX

The Boeing crisis threatens the US economy

Boeing's problems are not just about the company itself, but the broader US economy. One of America's largest industrial companies is facing some serious production, quality and safety problems, exacerbated when a plane suddenly lost altitude mid-flight, injuring dozens of passengers. It is not yet clear whether Boeing was to blame, but the incident comes at a time when the company is already struggling with its negative reputation, which is the result of other incidents.

The Boeing crisis could lead to more expensive airline tickets and weaker economic growth, economists say. The aircraft manufacturer has over 140,000 people in the global workforce. At the same time, the company registers tens of billions in revenue every quarter as one of the two main global players in aircraft production, as it is the main competitor of the European Airbus.

Boeing's production alone represents a significant part of America's economy. But the planet's – and the world's – largest economy relies on its planes for travel, business activities, product deliveries and work.

The intense federal investigation into Boeing's aircraft manufacturing processes is expected to delay deliveries of the new planes. This is likely to further reduce available aircraft, driving up ticket prices.

When US regulators thought Boeing would halt production of the 737 Max jet in January 2020, following two fatal crashes in 2019 and the subsequent grounding of those planes that year, the New York Fed said the production shutdown could shave 0.4% from gross the interior of the USA. product in 2020. After all, Boeing continued to build the 737 Max throughout the crisis. Then came the pandemic, which hit the company even harder, causing it to lose nearly $12 billion that year.

The New York Fed analysis said that "Boeing is a large company that is highly integrated into the domestic production network" and that disruptions to its production could have significant macroeconomic implications. Since Boeing is the largest US exporter, weaker demand for its planes would mean fewer exports.

Boeing has not announced whether it will halt production of any of its planes, but its plans to ramp up production of the 737 Max are on hold as the Federal Aviation Administration awaits the company's plan on how to end ongoing quality problems.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×