4.6 • 18.7K Ratings
🗓️ 10 September 2024
⏱️ 43 minutes
🧾️ Download transcript
Launched in 1916, Boeing grew into the world’s leading manufacturer of commercial aircraft. Then Airbus came along, and Boeing had serious competition. In response, Boeing released a new plane, the 737 MAX, but design flaws led to two crashes and 346 deaths. Today, aviation industry consultant Scott Hamilton joins Lindsay to try to answer the question: how did Boeing get here? Hamilton is the author of Air Wars: The Global Combat Between Airbus and Boeing.
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0:00.0 | Wundry Plus subscribers can binge new seasons of American scandal early and ad free right now. |
0:05.7 | Join Wundry Plus in the Wundery app or on Apple Podcasts. from Wundery I'm Lindsay, and this is American scandal. On July 7th, 2024, Boeing agreed to plead guilty to a felony charge of conspiring to defraud the federal government over the two fatal 737 max crashes in 2018 and 2019. |
0:56.6 | The company has also agreed to pay a nearly half billion dollar fine and spend roughly |
1:01.4 | another 450 million dollars more to upgrade its safety programs. |
1:05.2 | But whatever the final outcome, it's a far cry from the old slogan, |
1:09.6 | If it's not Boeing, I'm not going. |
1:12.6 | The tragic loss of life and ongoing safety concerns raised the question, how did we get here? |
1:18.2 | Boeing was once the pride and joy of American aviation. |
1:21.4 | Its B17 and B29 bomber planes helped win World War II. In |
1:25.8 | 1958, Boeing 707 series ushered in the age of commercial jet travel when Pan American |
1:31.8 | World Airways began flying from New York to London. |
1:34.9 | And for decades, the Seattle-based company dominated commercial aircraft manufacturer with little |
1:39.6 | competition. |
1:41.0 | But then Airbus came onto the scene. |
1:43.0 | Aviation companies from France, Germany, Spain, and later Britain joined together to compete against Boeing. |
1:49.0 | It took a while for Airbus to become a serious rival, |
1:52.0 | but in 1992 the company secured a deal with United Airlines |
1:55.5 | to lease 50 A320 planes, and forever after it was game on between Boeing and Airbus. |
2:01.7 | My guest today is Scott Hamilton. He's been tracking the Boeing |
2:05.0 | Airbus rivalry for years as well as the change in Boeing's corporate culture. He's an aviation |
2:10.4 | industry consultant for Lehem Company based in Wheaton, Illinois. |
2:14.0 | He's also the author of Air Wars, the global combat between Air Bus and Boeing. |
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