From Investing.com: 2024-06-02 09:35:46

The next CEO of Boeing should understand the current crisis and look to best industrial practices, said IATA. Boeing faces a safety crisis after a panel blowout on a 737 MAX, with CEO Dave Calhoun set to leave. IATA supports learning from mistakes and an open culture in the aviation industry.

IATA represents 300 airlines globally and advocates for sharing learning and best practices in the industry. Boeing is facing investigations and production challenges with the 737 MAX. CEO Calhoun has been working to turn the company around but faces market share loss to Airbus amid supply chain issues in aerospace.

Delays in jet deliveries from Boeing and Airbus are adding to wider issues in the industry’s supply chain. IATA anticipates these problems could last until 2025 or 2026, affecting airline growth plans. The organization has facilitated discussions between airlines and manufacturers to address the challenges in the industry.



Read more at Investing.com: Next Boeing CEO should understand past mistakes, airlines boss says By Reuters