The China Mail - Air India crash latest test for new Boeing leadership

USD -
AED 3.673042
AFN 63.503991
ALL 82.403989
AMD 368.150403
ANG 1.790403
AOA 918.000367
ARS 1465.449815
AUD 1.425171
AWG 1.8025
AZN 1.70397
BAM 1.705709
BBD 2.013483
BDT 122.708482
BGN 1.69088
BHD 0.37702
BIF 2985
BMD 1
BND 1.290663
BOB 6.90816
BRL 5.152304
BSD 0.999721
BTN 94.239742
BWP 13.585663
BYN 2.777729
BYR 19600
BZD 2.010527
CAD 1.415502
CDF 2280.000362
CHF 0.807445
CLF 0.02293
CLP 902.460396
CNY 6.769604
CNH 6.784599
COP 3452.68
CRC 453.506829
CUC 1
CUP 26.5
CVE 96.403894
CZK 21.091104
DJF 177.720393
DKK 6.516504
DOP 58.403884
DZD 133.34504
EGP 49.986489
ERN 15
ETB 158.37504
EUR 0.872631
FJD 2.235504
FKP 0.755711
GBP 0.757877
GEL 2.650391
GGP 0.755711
GHS 11.22504
GIP 0.755711
GMD 73.503851
GNF 8775.000355
GTQ 7.625892
GYD 209.119888
HKD 7.83682
HNL 26.68504
HRK 6.568102
HTG 130.583803
HUF 306.820388
IDR 17826.3
ILS 2.95976
IMP 0.755711
INR 94.330504
IQD 1310
IRR 1375000.000352
ISK 125.530386
JEP 0.755711
JMD 157.959917
JOD 0.70904
JPY 161.30504
KES 129.403801
KGS 87.450384
KHR 4010.00035
KMF 429.503794
KPW 900.00035
KRW 1527.650383
KWD 0.30793
KYD 0.833035
KZT 487.855928
LAK 22055.000349
LBP 89550.000349
LKR 333.641485
LRD 182.150382
LSL 16.405039
LTL 2.95274
LVL 0.60489
LYD 6.375039
MAD 9.225039
MDL 17.654036
MGA 4200.000347
MKD 53.732839
MMK 2099.479867
MNT 3580.422334
MOP 8.070939
MRU 40.060379
MUR 47.850378
MVR 15.450378
MWK 1737.000345
MXN 17.326498
MYR 4.137904
MZN 63.910377
NAD 16.403727
NGN 1360.440377
NIO 36.610377
NOK 9.680196
NPR 150.787532
NZD 1.743132
OMR 0.384983
PAB 0.999725
PEN 3.384039
PGK 4.38775
PHP 60.716504
PKR 278.325038
PLN 3.71375
PYG 6138.96617
QAR 3.640504
RON 4.568104
RSD 102.170373
RUB 73.103247
RWF 1464
SAR 3.74824
SBD 8.061424
SCR 13.683262
SDG 600.503676
SEK 9.57882
SGD 1.292404
SHP 0.746601
SLE 24.750371
SLL 20969.503664
SOS 571.503662
SRD 37.402504
STD 20697.981008
STN 21.4
SVC 8.747449
SYP 110.532098
SZL 16.403649
THB 32.890369
TJS 9.272075
TMT 3.5
TND 2.91175
TOP 2.40776
TRY 46.438202
TTD 6.779085
TWD 31.715038
TZS 2630.985038
UAH 44.909735
UGX 3638.520172
UYU 39.96965
UZS 12005.000334
VES 606.63266
VND 26310
VUV 118.132932
WST 2.751795
XAF 572.078806
XAG 0.015419
XAU 0.00024
XCD 2.70255
XCG 1.801643
XDR 0.703697
XOF 565.000332
XPF 104.250363
YER 238.603589
ZAR 16.487503
ZMK 9001.201917
ZMW 17.919703
ZWL 321.999592
  • CMSC

    0.0500

    22.37

    +0.22%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • BCC

    3.8500

    74.66

    +5.16%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • NGG

    -1.2400

    79.44

    -1.56%

  • BTI

    -0.5800

    58.91

    -0.98%

  • BP

    -1.0400

    39.1

    -2.66%

  • RIO

    -2.5900

    100.08

    -2.59%

  • GSK

    -1.4800

    50.67

    -2.92%

  • BCE

    0.0000

    23.28

    0%

  • JRI

    0.0500

    12.67

    +0.39%

  • RELX

    -0.8300

    31.18

    -2.66%

  • VOD

    -0.2300

    14.3

    -1.61%

  • CMSD

    0.0000

    22.29

    0%

  • AZN

    -2.9600

    174.93

    -1.69%

Air India crash latest test for new Boeing leadership
Air India crash latest test for new Boeing leadership / Photo: © CENTRAL INDUSTRIAL SECURITY FORCE (CISF)/AFP

Air India crash latest test for new Boeing leadership

The devastating Air India crash seems certain to embroil Boeing in further rounds of negative headlines at a time when it has shown progress under new leadership.

Text size:

Shares of the American plane manufacturer slumped more than four percent Thursday as the pope, King Charles and the president of India expressed sorrow over the Boeing 787 Dreamliner carrying 242 people.

Boeing pledged to support a probe.

"We are in contact with Air India regarding Flight 171 and stand ready to support them," the company said in a statement. "Our thoughts are with the passengers, crew, first responders and all affected."

The crash comes just before aerospace giants converge at Le Bourget Airport for next week's Paris Air Show, a major industry gathering attended by Boeing CEO Kelly Ortberg and other top executives.

Prior to Thursday's calamity, industry insiders expected the focus at Le Bourget to include the aviation sector's adaptation to trade tensions, the latest state-of-the-art flying technologies and the outlook for any improvement in the supply chain that has slowed deliveries from Boeing and rival Airbus.

But the crash is also certain to be a major topic of conversation, a source of speculation as sobriety.

"A week from now there probably will be one or two operating hypothesis of what happened that people at the show and the public will be talking about," said Morningstar analyst Nicolas Owens, who noted that investigations into crashes normally take "several months" and typically involve multiple factors.

Only time will tell what the accident means for Boeing, but Owens still expects the company to rack up additional 787 orders next week in Paris.

"It's highly improbable that people conclude that it's a systemic problem with the engine or the plane," he said.

- MAX crashes different -

Air India's flight 171 issued a mayday call and crashed "immediately after takeoff," the Directorate General of Civil Aviation said.

British and US investigators were en route to western India for a probe expected to involve reviews of flight data, maintenance records and the background of the crew.

The ill-fated plane was delivered to Air India in 2014 and had more than 41,000 hours of flying time, according to consultancy Cirium.

That makes Thursday's tragedy different from the two fatal Boeing 737 MAX crashes in 2018 and 2019 that involved planes Boeing had only recently delivered to airlines.

A central factor in both MAX crashes was the Maneuvering Characteristics Augmentation System (MCAS), a flight handling system that badly malfunctioned, pointing to design flaws.

The MAX crashes plunged Boeing into a years-long slump extended by fresh safety problems early in 2024. Boeing has reported annual losses the last six years.

Available video of the Air India crash suggests "some form of power or flight control loss," said Robert Clifford, a Chicago attorney representing some family members of the 346 MAX victims.

"The Indian government investigators should have flight data recorder and cockpit voice recorder information within a couple of days that will provide vital information."

Since introducing the Dreamliner into service in 2011, Boeing has had to do some rework, mainly due to assembly faults and manufacturing quality issues.

The plane was also scrutinized in an April 2024 US Senate hearing that aired criticism from a whistleblower who testified that he was blackballed after reporting serious manufacturing defects on the 787 and the 777.

But Thursday marked the first deadly crash of a 787 Dreamliner, a plane that has enjoyed a strong reputation within the industry.

On May 29, Ortberg told a financial conference that the recent approval by US aviation authorities to allow increased 787 output was "an important milestone" in the company's comeback.

Ortberg, who relocated to Seattle to be closer to key manufacturing operations, has generally won plaudits from aviation watchers since joining in August 2024, navigating Boeing through a labor strike and joining President Donald Trump's Middle East delegation.

Richard Aboulafia, managing director at consultancy AeroDynamic Advisory, said there is no indication of a 787 design flaw.

"There's inevitably fear," Aboulafia said of Thursday's stock market reaction.

"It's a tragedy but it's unlikely to affect perceptions of the 787 because there's nothing known at this point and it's got a very good record," he said.

N.Wan--ThChM