New Delhi Stock Exchange：Will Boeing collapse？

"We see a small group of clouds in the new factory we built."

In Seattle in the United States, there is an attraction that cannot be missed, that is, The Museum of Flight.As the world's largest aircraft museum, next to the museum is the famous William E.Boeing Red Barn. In addition to introducing the history of Boeing aircraft, the exhibition hall restores the appearance of handmade wooden aircraft.The drawings of the aircraft, including Boeing 747, 707, 787, have long -established aircraft models.

Seattle Flight Museum

The Boeing Eventt Plant, which is about 30 miles north of Seattle, is the largest building in the world.Most civil aircraft are produced here.There are 30,000 workers in the Boeing factory. Due to too much space, clouds are often generated over the factory.747's chief designer Joe Sartre once said in his memoirs: "We see a small cloud in the new factory we built."

Boeing Evrey Factory

Established in 1916, it has a century -old history.In terms of civil aircraft, in 1956, it was decided to change the KC-135 air gas engine to Boeing 707. It was the company's first jet civil aviation aircraft and quickly entered the civil aviation market.Since then, Boeing has been out of control in the field of civil aviation, and has developed a series of models such as Boeing 727, Boeing 737, Boeing 747, Boeing 757, Boeing 767 and Boeing 777. Each model has multiple modifications. These are enoughBoeing has long occupied the leadership of the world's jet passenger aircraft market.

In 1919, Boeing founder William Boeing (left) stood in front of Boeing's first production aircraft Model C. This was the first international mail aircraft flying from Seattle to Vancouver.

Boeing provides an exclusive aircraft for serving as a US president.In 1943, Roosevelt took a Boeing 314 water aircraft to Casablanca, Morocco City to meet with then British Prime Minister Churchill.In 1945, Roosevelt took a Douglas VC-54C aircraft to attend the Yalta meeting. This was the first special plane specializing in the president in American history.At the end of Eisenhower, the number of presidential planes increased from 1 to 4, and the call sign has been officially identified as "Air Force One" since 1953.The two active planes are transformed from the Boeing 747-200 passenger aircraft. Boeing is modifying the two Boeing 747-800 passenger aircraft as the new presidential special plane to replace the two old special planes and will be delivered at the fastest in 2026.

In May 1954, the first 707 passenger plane was offline.In 1962, Boeing 707 was used as the Air Force One by President Kennedy, and the Boeing 7 series was still used as the official aircraft of the president to this day.

In 1997, Boeing merged with the world's largest military aircraft manufacturer, McDonald. The merger of New Boeing has become the world's largest aerospace company, and customers are located in 145 countries and regions in the world.

"Cursed" Boeing 737 passenger plane

In 2012, the Boeing 737 became the first commercial aircraft to more than 10,000 orders. It was also the listing of this model of aircraft to become a watershed by Boeing's century -old.In the past 10 years, many countries that have occurred in aircraft or major safety accidents are Boeing 737. The safety problem of this model of aircraft once impacted the business prospects of Boeing, a century -old store.

In 2016, 62 people were killed by the UAE Airlines Airlines No. 981.In 2017, the Peruvian Airlines No. 112 was air crash, and 39 were injured.In 2018, the Turkish Pegasus Airlines 8622 was injured.In the same year, Cuban Airlines No. 972 Aircraft was killed, 112 people were killed, and 1 person was seriously injured.In the same year, the Indonesian Lion Airlines No. 610 aircraft crash, and 189 people were killed on board.In 2019, Ethiopian Airlines No. 302 was air crash, and all 157 people were killed on board.In 2020, India ’s Express Aviation Boeing 737 passenger plane landed hard, causing 20 people to die.

"The three most important things in real estate are locations, positions, and location. In aviation transportation, it is safe, safe, and safe." The first quarter of 2024 has not finished, and Boeing executives are already a bag.

On January 5, an Alaska Airlines Boeing 737 MAX 9 passenger aircraft accidentally occurred in the air, a door stuffed off on the side of the cabin, and the plane landed urgently.On January 17, US Secretary of State Broskerer and his party had a "serious failure" in the Boeing 737 aircraft that they were notified to board the aircraft at the end of the Switzerland Davos Forum to board the plane and had to end the plane.

Alaska Airlines No. 1282 Boeing 737-9 MAX was forced to surrender, and a door on the side of the cabin stuffed off.Picture source: Reuters

On March 4th, a Boeing 737-900 passenger aircraft flying from Houston to Melsburg was taken off shortly after the left after taking off, and a engine was injected on the left, and the passenger plane was forced to return.On March 7, a Boeing 777 spraying passenger plane from San Francisco to Osaka, Japan shortly after taking off, it landed urgently due to the tire falling to the airport parking lot.On March 8th, after arriving at the Houston Airport at Texas, the United Passenger plane of the United Poly 737 MAX 8, slipped out of the runway when landing.

This happened in March of the event. John Barnett, the famous "whistle" of Boeing, was suspected of being "shot committing suicide" on the 9th.The Boeing production line has repeatedly reported a number of illegal operations. Senior employees who have worked in Boeing for more than 30 years have been found several guns in their body, and he originally intended to complete the proof of evidence collection the next day.Barnett told his friends during his lifetime that if he was found to die, he could not commit suicide.New Delhi Stock Exchange

Boeing "whistle" John Barnett

Frequent accidents and the bizarre death of "blowing whistle", but when the public opinion was unable to take care of the public opinion, on the 25th local time, Boeing announced that CEO Diff Karkhne left at the end of this year.Resign.

Karkhorn has a strong financial background, but cannot solve the "security door".Picture source: Getty Picture Club

In early 2020, Karkhorn, who had served as Investment Corporation, as an investment company, General Electric and Nelson as executives as Boeing CEO.For more than four years, Karkhorn has experienced 737 MAX for 20 months due to design defects, and the new crown epidemic has caused almost a dark moment to stop aviation.It has never resolved the Boeing "security door" crisis. Until the news of the steps came out, Boeing has not got rid of the mud of quality problems."The crisis is still in danger, and the crisis is still there."

"Safe Gate" is the lifeblood that determines profit

As the "ancestor" of the civil aviation industry, Boeing is safe and quality, and "not Boeing, rather than flying" has always been the slogan of Boeing.However, after the acquisition of competitors McDonald in 1997, Boeing cater to the orientation of capital pursuing profits and replaced the culture of engineers who had previously refined.The orientation centered on profitable makes Boeing compress and simplify the company's management, R & D and production.

Former Boeing President and Chairman of Harry Stone, once said that we will not be a pure engineering company, we have to operate like an enterprise.It is this change in corporate culture that has a profit -making theory that has led Boeing to deviate from the quality of engineering that was once proud.

In order to compete with the new models of Airbus, Boeing hurriedly launched the 737 MAX passenger aircraft without sufficient testing and verification to launch hidden dangers for future flight safety.At the beginning of the 737 MAX delivery, the former 737 pilot only needed to conduct about one hour of training on the tablet computer to perform a new 737 MAX passenger aircraft. The company only saved the cost and time of training pilots to save the cost of training pilots.

In response to the two air crash in Indonesia Lion Airlines and Egypt in 2019, in September 2020, the US House of Representatives released a survey report on the Boeing 737 MAX series aircraft stating that Boeing Company "knows that the 737 MAX series aircraft exists in design defects in design defects"Under the circumstances," deliberately conceal relevant information to airlines, pilots, and regulators, and through business relations affect the management and review of regulatory agencies.New Delhi Investment

In March 2019, the Indian Civil Aviation Administration took the lead in grounding the 737 MAX worldwide.Since then, the series of passenger planes have also been banned globally.Affected by the global groundbreaking of 737 MAX, in 2019, Boeing's loss reached $ 636 million, which is the first time the company has suffered annual losses since 1997.

Boeing's profit and loss from 2018 to 2022

In 2020, when Karkhorn took over as CEO, Boeing's stock price was over 330 US dollars. In 2024, after the news of Calkhon's departure, Boeing's stock price fell around 40 percentage points at about $ 190.In contrast, Airbus in the same industry set a new stock price record.

身处“安全门”的舆论风波漩涡之中，今年1月，波音公布了其超出市场预期的2023年第四季度财报，显示波音当季度总营收达到220亿美元，同比增长10.2%，而净Losses narrowed from $ 660 million in the same period last year to $ 30 million.In 2023, net loss was still US $ 2.242 billion, but it was also reduced by 55%compared with the same period in 2022.

In order to solve the hidden safety hazards, the overall R & D cost of Boeing in 2023 was 3.377 billion US dollars, an increase of 2.8 times year -on -year.The commercial aircraft business last year was US $ 2.036 billion, an increase of 34.83%year -on -year, accounting for over 60%.

Boeing and Airbus have disappeared here

For a long time, Boeing and European Airbus Group have almost monopolized the global commercial aircraft market and became two giants.The "safe door" is aggressive, and Boeing has worked hard to support the world's largest aerospace company status.

Since 2018, the delivery volume of Boeing's commercial aircraft has begun to decline. From 806 in 2018 to 157 in 2020, the delivery volume in 2021 returned to 340, and the delivery volume in 2023 was 528, and the reserve orders were 5626.

In recent years, Airbus Group's commercial aircraft delivery volume exceeded Boeing, the highest delivery in 2019 reached 863, the delivery volume in 2020 dropped to 566, the delivery volume was 611 in 2021, and 735 aircraft were delivered in 2023.It reaches 8598.

Numbers do not lie. In 2023, Airbus's performance is much better than Boeing, and the gap between nearly 3,000 has been opened on the reserve orders.

Boeing dilemma reflects the overall decline in the US manufacturing industry

As the core of the US aviation industry chain, Boeing has a pivotal position in the US manufacturing industry. The operation of Boeing in the global market is to some extent that it is the barometer of the US manufacturing industry. The current predicament of Boeing reflects the US manufacturing industryThe overall decline.The decline of Boeing is actually a microcosm of the overall decline of the United States. In recent years, the proportion of the US manufacturing industry in the economy has become lower and lower, but the proportion of the tertiary industry has become higher and higher.

In the environment where global trade tensions have intensified and international shipping bottlenecks, some American companies are seeking to transfer production to the United States.However, the growth of US labor is limited by the aging of the United States and the level of international immigration at a historical low.In addition, manufacturing is now facing the increasingly fierce competition from retail and hotel industries. In recent years, these industries have greatly increased wages to attract workers, and the wage premium of the manufacturing industry has disappeared.

From World War II to the end of the 1970s, it was the golden age of manufacturing in the United States.The number of employees in the US manufacturing industry reached its peak in 1979, with an output value of about 25%of the US GDP, and about 20 million workers at that time.

The financial crisis erupted in the 1980s prevented the rise of the US manufacturing industry.By 2019, the manufacturing industry fell to only 10%of the US GDP.In 2022, the number of employment in the United States was 12.98 million, accounting for only 8%of all employment, at the lowest level in history.The U.S. government is reviving the manufacturing industry. The Bayeng government has begun to invest more than $ 2 trillion in US factories and infrastructure to strengthen the US industry and respond to climate change.The US government's subsidy for manufacturing may increase investment in the short term, but has not been transformed into the increase of workers' wages.This resulted in the shortage of qualified workers, making it difficult for manufacturers to find and retain skilled employees.

As the "whistle" John Bunit was revealed, Boeing was anxious to let the new aircraft go offline, causing the workers to work under pressure, the assembly process is rushing and chaotic, resulting in a large number of problematic components were installed on the aircraft.Peninsula TV once produced a 48 -minute survey video "Boeing 787: Broken Dream", revealing the dazzling Boeing production chaos: employees take violations of drugs, tools are stacked at will, no systematic training, damaged parts, and damaged partsContinue to use ..Bangalore Stock Exchange. "Of the fifteen people, ten people will not take the plane that they assembled by themselves."

Under the trend of many companies in the United States, in order to ensure the company's income to the greatest extent, Boeing also followed the production work to outsourcing a large number of parts and components, and only assumed the final assembly work.Analysts pointed out that Boeing's excessive reliance on outsourcing production and ignoring quality control, causing product competitiveness to decline.

One of the main suppliers of Boeing, the United States is bound to bear 70%of the Boeing 737 MAX models of the Boeing 737 MAX model, and it is bound to subcontract some accessories to other manufacturers. According to media reports, in January this year, in January this year, in January this year, in January this year, in January this year, in January this year, in January this year, in January of this year, in January,The door plug in Alaska's accident is bound to be subcontracting to overseas manufacturers.

Picture source: Associated Press

The president of the financial background cannot lead the problem of complex aircraft manufacturing companies. This problem is not difficult to solve. The US manufacturing industry led by Boeing to seek restoration of the former grand occasion is the long -term problem that the US government and business decision makers want to think.

Author 丨 Yang Ying, Shenzhen Satellite TV direct news leader

Editor 丨 Liu Liping, editor -in -chief of Shenzhen Satellite TV Direct News

Capture 丨 Lai Xinhong, editor of Shenzhen Satellite TV Direct News