The Los Angeles Post
U.S. World Business Lifestyle
Today: April 11, 2025
Today: April 11, 2025

Boeing's woes a 'burden' for entire sector, Airbus executive says

The International Air Transport Association holds its Annual General Meeting in Boston
June 18, 2024
Reuters - Reuters

FRANKFURT (Reuters) - Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers' confidence in flying, a top executive at rival Airbus said.

Christian Scherer, CEO of Airbus' Commercial Aircraft business, told German weekly magazine WirtschaftsWoche that the issues were "a burden for the entire industry".

"Boeing's problems could cause more people to question how safe flying actually is," Scherer was quoted as saying.

Boeing has been under mounting pressure over factory controls since Jan. 5, when a door plug in mid-flight tore off a jet of its best-selling 737 MAX series in an incident blamed on missing bolts.

Scherer rejected claims that Airbus could raise its own jet prices as a result of Boeing's problems, adding that pricing was guiding purely by demand outstripping supply and that it was difficult to predict how things would pan out in the future.

"I dare say that an ailing competitor can behave in a relatively unpredictable manner. If a company has dozens of planes in stock involuntarily, it could start a major sell-off."

(Reporting by Christoph Steitz; editing by Jason Neely)

Related

Business|Economy|Political|Technology|World

Kevin O'Leary says US has to train China 'like a puppy'

Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump administration offers no details on mistakenly deported man after court ruling

Business|Economy|Finance|Political|Stock Markets

Trump has 90 days to do 150 trade deals. Financial markets arenโ€™t buying it

Business|Economy|US

'The cup is empty': Glass plant shuts down Friday, ending over a century of production

Local

News|Local

Palisades Recreation Center to be rebuilt

Arts|Celebrity|Entertainment|Local|News|WrittenByLAPost

Weezer bassist to play Coachella despite wifeโ€™s arrest

Environment|Local|News

Most Colorado River states lag in water recycling: New study

Local

How gas prices have changed in El Centro in the last week

Share This

Popular

Business|Economy|Political|Technology|World

Kevin O'Leary says US has to train China 'like a puppy'

Kevin O'Leary says US has to train China 'like a puppy'
Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump administration offers no details on mistakenly deported man after court ruling

The Latest: Trump administration offers no details on mistakenly deported man after court ruling
Business|Economy|Finance|Political|Stock Markets

Trump has 90 days to do 150 trade deals. Financial markets arenโ€™t buying it

Trump has 90 days to do 150 trade deals. Financial markets arenโ€™t buying it
Business|Economy|US

'The cup is empty': Glass plant shuts down Friday, ending over a century of production

'The cup is empty': Glass plant shuts down Friday, ending over a century of production

Technology

Business|Crime|Economy|Finance|Technology

Cryptocurrency scams drive major spike in investment fraud

Cryptocurrency scams drive major spike in investment fraud
Business|Europe|Technology

Irish privacy watchdog investigates Elon Musk's X's use of personal data to train Grok AI chatbot

Irish privacy watchdog investigates Elon Musk's X's use of personal data to train Grok AI chatbot
Business|Europe|Science|Technology

Irish regulator investigates X over use of EU personal data to train Grok AI

Irish regulator investigates X over use of EU personal data to train Grok AI
Health|Science|Technology

Transplanted pig kidney removed after functioning in living patient for more than four months

Transplanted pig kidney removed after functioning in living patient for more than four months

Access this article for free.

Already have an account? Sign In