American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Business

Emirates’ chairman has a message for Boeing: ‘Get your act together’

by admin May 8, 2024
May 8, 2024
Emirates’ chairman has a message for Boeing: ‘Get your act together’

One of Boeing’s biggest customers issued a call to action to its new management team, expressing frustration with the safety crisis facing the American planemaker and the consequent delays in order deliveries.

“We’re not happy really with what’s going on, we always really wanted to see this aircraft entering the fleet when it had been promised — and there is a delay, it’s not only to us,” Sheikh Ahmed bin Saeed Al Maktoum, chairman and CEO of Dubai’s flagship Emirates airline, told CNBC’s Dan Murphy on Tuesday at the Arabian Travel Market in Dubai.

With 245 passenger planes and five 778 freighters on order, Emirates is Boeing’s largest customer in terms of widebody jets. But aircraft deliveries by the manufacturer dropped in the first quarter of 2024 to the lowest number since mid-2021 as the company deals with increased scrutiny after a door plug blew out from one of its 737 Max 9 planes midair in January.

The company delivered 83 planes in the three months to March 31 — most of them narrowbody 737s — compared to 157 in the prior quarter and 130 planes in the year-earlier period.

Al Maktoum, who sits at the helm of the world’s largest long-haul airline and helped launch it in 1985, echoed the sentiments of many other airline CEOs when it comes to expectations of Boeing.

“I think they have to put a lot of pressure in order to make sure that they deliver to the customer whatever they promised,” he said.

Asked if he had a message for the planemaker, Al Maktoum said: “I always say, you know, get your act together and just do it. And I think they can do it.”

CNBC has contacted Boeing for comment.

The chairman did not indicate that Emirates would cancel the Boeing orders or move them to its French rival, Airbus.

“No, no — I won’t be able to say exactly what we are planning,” he replied when asked about the likelihood of such a move. “But I think you see that we are refurbishing a big number of aircraft within the existing fleet … And there will be no shortage within Dubai capacity.”

He cited the airline’s extension of part of its existing fleet, including the mammoth double-decker Airbus A380s, as helping provide sufficient passenger capacity.

The recently-appointed new management team at Boeing is now tasked with navigating the company’s worst crisis since 2018-2019, during which time two of its new 737 Max jets crashed within a period of six months, killing 346 people.

Following the Alaska Airlines door blowout in January, the Federal Aviation Administration’s six-week audit of Boeing and Spirit AeroSystems “found multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements,” according to an FAA release published March 4.

“The FAA identified non-compliance issues in Boeing’s manufacturing process control, parts handling and storage, and product control,” it said. The regulatory agency said it informed Boeing’s leadership that it “must address the audit’s findings as part of its comprehensive corrective action plan to fix systemic quality-control issues,” and address its “safety culture.”

In a previous statement cited by CNBC, a Boeing spokesperson said in response to the FAA findings that the company continues “to implement immediate changes and develop a comprehensive action plan to strengthen safety and quality.” 

The company’s website says it continues to support the U.S. NTSB and FAA investigations of the Jan. 5 accident.”

— CNBC’s Leslie Josephs contributed to this report.

This post appeared first on NBC NEWS

previous post
DEFENSE TRIES TO HELP EQUITIES MOVE OFF LOWS
next post
Private equity firms circle Peloton for potential buyout

You may also like

Big Lots initiates going-out-of-business sales at remaining locations

December 21, 2024

Elon Musk’s politics are hurting Tesla, 85% say...

March 13, 2025

Berkshire Hathaway employee wins $1 million in Warren...

March 27, 2025

Sam Bankman-Fried to learn fate today for orchestrating...

March 28, 2024

Macy’s is closing 150 stores nationwide as it...

February 28, 2024

With Trump digital coins, billions of dollars —...

January 23, 2025

Boeing workers to vote on new proposal that...

October 22, 2024

CVS replaces CEO as profits, share price suffer

October 19, 2024

Hims & Hers Health says it will offer...

May 21, 2024

Becoming a nurse during Covid, a former producer...

July 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

      July 7, 2025
    • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

      July 7, 2025
    • Israel hammers Houthis with airstrikes, rebels respond amid Red Sea flare-up

      July 7, 2025
    • Is a Chinese chain’s blood orange cold brew the future of coffee in America?

      July 7, 2025
    • Democrats project doom and gloom, not celebration, with July 4 messages

      July 6, 2025

    Archives

    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved