Economy Is this the end for the builder?

Is this the end for the builder?

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648x415 boeing entre nouvelle zone turbulence

Boeing enters a new zone of turbulence – Chad Schnell / AP / SIPA

  • Boeing is experiencing a new media crisis, two years after the two Boeing 737 MAX crashes in 2019, killing a total of 346.
  • This time around a hundred Boeing 777s are grounded because of a problematic engine.
  • Can the aviation giant get by?

Boeing is going through a huge area of ​​turbulence, and it does not seem to want to stop. First there was the 737 MAX, of which two crashes that occurred a few months apart and counting 346 deaths had the entire fleet nailed to the ground in March 2019, due to a problem with the flight software. The latter having been modified, the Boeing 737 MAX had finally obtained its authorization to deploy its wings, almost two years after its shutdown – at the end of January 2021 for Europe.

But less than a month after this good news, this time 128 Boeing 777 planes are immobilized. One of his aircraft suffered a serious engine problem causing debris to rain over the American city of Denver, which led the airman to make arrangements on all planes with the same potentially defective engine.

Giant Boeing with strong backs

Can Boeing get out of this new blow? For Hubert Arnould, director of Iaco, a consulting company specializing in regulatory compliance for aviation safety, the giant should not be buried too quickly. “Boeing is far too important in the world of aviation to disappear. Airlines need this duel between Airbus and Boeing to bring competition into play and lower prices, ”notes the expert.

However, (letting) Boeing sink would be leaving Airbus in a monopoly position, which no company wants. In fact, the latter “will be careful to continue placing orders with Boeing, because it is the only one able to offer a duel to Airbus”, predicts Hubert Arnould.

The perfect opportunity for some companies

Xavier Tytelman, aeronautical consultant, adds that the 777 affair does not ultimately represent much. “This is an engine problem, not an aircraft, which is the responsibility of the engine manufacturer and the airlines, not Boeing. The model is not in question, and it is also an old plane. The media cost is significant, but not the financial cost, especially compared to the 737 MAX case. In the end, Boeing would pay more in this affair for the similarity with the 737 MAX, in particular a grounded aircraft fleet, than for real damage.

However, some companies could take advantage of it, not out of mistrust of Boeing but because of the coronavirus crisis, which is seriously impacting air traffic (- 66% of passengers in 2020). Xavier Tytelman: “Due to Boeing’s media crisis, some companies will take advantage to cancel or postpone certain orders. Not to turn to Airbus, but to adapt to the slow-moving growth of aviation. “No profit for Airbus, but losses for Boeing, therefore.

No passenger boycott

As for the idea of ​​a passenger boycott, here too Hubert Arnould does not believe too much. “How many travelers really care or know they are boarding an Airbus or a Boeing?” He asks rhetorically. For Xavier Tytelman, if there can be a real fear of the Boeing 737 MAX, the author of the book Afraid of the plane? nuance: “It happens that a device or a company is seen as giving rise to suspicion, but the effect quickly wears off. In 2023, if there is no new incident, travelers will return to the Boeing 737 MAX without fear. “

Boeing is also fortunate to be supported by the US government, for which it is out of the question to lose this flagship of the industry. The United States, in particular through its army, placed many orders from Boeing after the 737 MAX crisis, to support the giant. “Compared to Airbus, Boeing has a much larger share in the military,” says Xavier Tytelman, allowing it to better endure the turbulence of its civil aviation.

Airbus is already flying into the future

Airbus in fact, can it not take advantage of it? As seen previously, the time has not really come for airline purchases, and the scratching market share currently seems meager. All the more so since, as Hubert Arnould reminds us, each company has its own fleets of aircraft and changing models requires many difficulties (training of pilots, adapted equipment, etc.).

However, all is not lost for Airbus, far from it. In taking care of putting the 737 MAX back on its feet and inspecting it in all its forms to make sure there were no more problems, Boeing engineers spent an enormous amount of time, “time that should have been spent. to the creation of new devices ”, supports Xavier Tytelman. In fact, if for the moment, Airbus is not taking full advantage of its adversary’s disappointments, it may be taking a decisive advantage in the shadows. Xavier Tytelman still: “The new generations of planes could see a significant gap between Airbus and Boeing because of the 737 MAX. “A problem that Boeing therefore risks dragging itself on as a burden for a long time to come.

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