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

USD -
AED 3.672504
AFN 65.000368
ALL 81.093924
AMD 362.340403
ANG 1.789785
AOA 917.000367
ARS 1517.769404
AUD 1.441016
AWG 1.80125
AZN 1.70397
BAM 1.737184
BBD 2.014096
BDT 123.013106
BGN 1.747831
BHD 0.378215
BIF 2992.951961
BMD 1
BND 1.279251
BOB 11.674683
BRL 5.076904
BSD 0.999987
BTN 94.90991
BWP 13.69981
BYN 3.011418
BYR 19600
BZD 2.0112
CAD 1.415875
CDF 2313.50392
CHF 0.824445
CLF 0.024993
CLP 983.670396
CNY 6.691204
CNH 6.68619
COP 3180.71
CRC 454.426349
CUC 1
CUP 23.999751
CVE 97.94238
CZK 21.666304
DJF 177.720393
DKK 6.65702
DOP 61.341138
DZD 134.59804
EGP 53.445704
ERN 15
ETB 163.338263
EUR 0.890504
FJD 2.26765
FKP 0.754433
GBP 0.751025
GEL 2.590391
GGP 0.754433
GHS 11.677347
GIP 0.754433
GMD 73.503851
GNF 8797.182486
GTQ 7.640687
GYD 209.212677
HKD 7.84805
HNL 26.844726
HRK 6.709804
HTG 130.951694
HUF 323.51104
IDR 18074
ILS 3.09465
IMP 0.754433
INR 94.936104
IQD 1515.928036
IRR 1795877.503816
ISK 121.303814
JEP 0.754433
JMD 158.956162
JOD 0.70904
JPY 158.042504
KES 129.750385
KGS 87.450384
KHR 4064.466561
KMF 440.00035
KPW 899.999961
KRW 1335.265039
KWD 0.31087
KYD 0.833322
KZT 452.525504
LAK 22500.033308
LBP 89547.588277
LKR 331.200064
LRD 170.494162
LSL 16.438047
LTL 2.95274
LVL 0.60489
LYD 6.422014
MAD 9.715273
MDL 17.939255
MGA 4500.539585
MKD 54.760329
MMK 2099.795777
MNT 3598.409679
MOP 8.084042
MRU 39.978149
MUR 47.230378
MVR 15.460378
MWK 1733.994173
MXN 18.496445
MYR 4.083204
MZN 63.903729
NAD 16.437609
NGN 1331.520377
NIO 36.800007
NOK 9.43758
NPR 151.850816
NZD 1.770995
OMR 0.384501
PAB 0.999951
PEN 3.43973
PGK 4.540711
PHP 63.084504
PKR 276.827454
PLN 3.891404
PYG 5711.26576
QAR 3.65521
RON 4.741804
RSD 104.563038
RUB 83.068025
RWF 1475.944949
SAR 3.752528
SBD 8.064647
SCR 14.026038
SDG 601.503676
SEK 9.921865
SGD 1.28021
SHP 0.754745
SLE 24.680371
SLL 20969.504398
SOS 571.476789
SRD 37.794504
STD 20697.981008
STN 21.762012
SVC 8.750105
SYP 13001.999685
SZL 16.431068
THB 33.443038
TJS 9.214897
TMT 3.51
TND 2.983182
TOP 2.40776
TRY 49.524604
TTD 6.788709
TWD 32.455504
TZS 2639.998038
UAH 44.854439
UGX 4130.267757
UYU 40.255282
UZS 12055.266629
VES 878.910604
VND 25894.5
VUV 119.436793
WST 2.780879
XAF 584.1324
XAG 0.017517
XAU 0.00024003639
XCD 2.70255
XCG 1.80225
XDR 0.707052
XOF 584.1324
XPF 105.932147
YER 236.150363
ZAR 16.48027
ZMK 9001.203584
ZMW 20.019452
ZWL 321.999592
SSP 5790.440039
MXV 2.088432
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

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