Name: Why The Boeing 737 Max Has Been Such A Mess
Uploaded: 2024-04-04T12:57:55.000Z
Duration: 15 min 5 s
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Five years ago, 346 people were killed in two plane

crashes that happened five months apart in

Both planes were Boeing 737 Max eight seconds.

Then this past January, Boeing came inches from

yet another catastrophe as a door plug blew off an

Alaska Airlines 737 Max nine plane at 16,000ft

shortly after taking off from Portland, Oregon.

surprise. Unfortunately, the company has struggled

You know, it's hard to keep up with all of them.

No one was seriously injured in the accident,

but the blown off panel produced a force so strong

that some headrests and seatbacks were ripped from

the cabin. Fortunately, no one was sitting in the

I saw the picture, everybody saw the opening,

but what I really saw was the empty seat.

I imagine every human being who would see that

understands the severity and the consequence.

There was a time when people said, if it's not

There are passengers who avoid or are scared to get

The Department of Justice has opened a criminal

investigation into the Alaska Airlines incident,

and the Federal Aviation Administration said it

found dozens of problems after auditing Boeing's

It just raises issues about the production at

Boeing. What's going on? There have been a series

of problems over the last few years, and we just

Boeing announced major management changes.

Ceo Dave Calhoun, who was brought in to get the

company out of the Max crisis in 2019, just

announced he'll be stepping down at the end

Let's not avoid what happened with Alaska Air.

We will get through that. And I've committed myself

Boeing's stock has also been on a decline.

It hit an all time high in 2019, before the Max

pandemic, and is down over 25% so far in 2024.

My sense is until you get an all clear, the stock

And you know, the key question, really, I mean,

the multi-billion dollar question is when does the

CNBC explores how the 737 Max crisis unfolded, and

what the future holds for Boeing's best selling jet.

The official 737 christening ceremony took

place in the new final Assembly building on

Over the last few decades, strong demand for

many evolutions. Of the 737 family, there have

been over 10,007 37 seconds made, and it's

The plane is so popular that Boeing estimates a

737 takes off, or lands every 1.5 seconds.

If you've flown, you've likely flown at some point

It's one of the most commonly used aircraft by

The commercial aircraft market is dominated by

Together, their planes represented over 75% of

jetliners, especially narrow body planes like

the 737 and A320, which account for close to 60%

In 2011, Boeing was under pressure after Airbus

launched an upgrade to its existing narrow body

plane called the A320neo, which stands for New

Engine option. The plane was more fuel efficient

American Airlines and exclusive Boeing customer

at the time, was ready to place a big order with

Airbus and told Boeing it would have to move quickly

Boeing took a lot of shortcuts in developing

this aircraft, and those shortcuts literally bit

Designing a new airplane could take up to a decade

Boeing decided to re-engine the 737 with a

new engine variant, which was more fuel efficient

It's a very simple reason why Boeing was looking at

Re-engining, essentially the 737, which had already

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Why The Boeing 737 Max Has Been Such A Mess

specific

pandemic

multiple

crisis