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Boeing launched 737 Max. Two Crashes, More than 300 people died - Coggle…
Boeing launched 737 Max. Two Crashes, More than 300 people died
Political Factors
US congress planning to bring new Certification system
Indonesian and Ethiopian Govts conducting investigations
All governments grounded the plane
Boeing did Lobbying to make Certification process easy
China still hasn't cleared the plane/ Very Important market
Political Tensions Between China and America
Boeing urging US govt to ease tensions so that plane gets certified in China
Economic Factors
Cheap Air Travel Boom
High Demand Of new Aircrafts
Boeing looking to increase the marketshare
Boeing 737 max was a huge success
Production cut due to Crashes
Billions of Dollars in Losses
Airbus Launched a New plane
Threatened to kill Boeing Market Share
A major Airlines opted for Airbus plane
New Emerging markets like China and India
Boeing had to pay 4.9 billion $ to Airlines for losses
Airlines demanded a fuel efficient plane with no training requirements
Socio-Cultural Factors
Global Population rising
Air Travelers expected to double in 2 decades
Low Cost airlines/ Financially weak people can
also fly
Global GDP rising
High Disposable Income
More people travelling
Post Crash Survey - Passengers don't want to fly on boeing
Broken Safety culture at Boeing
No Internal Enquiy
Attitude of passengers towards Climate Change
Millennials more Climate aware
Passengers want safe travel
Society expect Ethical practices
Technological Factors
New Fuel Efficient Plane from Airbus
A320 Neo, which was eating Boeing's market share
Fuel Efficient Engines
Boeing desperately needed a Fuel efficient plane of its own to compete with Airbus
Launched MAX (Old Airframe with a new Engine)
To counter Problems, Introduced a New MCAS system
Airbus Spends more on R&D than Boeing
Smaller and lighter Planes
New Composite Materials used
Ecological Factors
Commercial Airlines contribute 2.5 percent of all Emissions
Boeing commits to power its facilities by renewable power
New Climate Standards for Jet liners by Government
Passengers worried about Climate change
Survey: Some people took less flights
NGOs pressure to make flying sustainable
Legal Factors
Multiple Enquires for the crashes
Fine of 2.5 billion dollars
Admission that MCAS software led to the crashes
Hid flaws from Regulatory bodies
Aviation Industry is highly regulated
Plane grounded after second crash
Stakeholders
Airbus
Launched A320 Neo
Instant hit among Airlines
A loyal boeing Customer chose this plane
Fuel Efficient
No Extra Training required
Forced Boeing to make a new plane in a hurry
Want to increase market share
Producing smaller Fuel-Efficient planes
Investing in Future Technologies
Airlines/Customers
Losing money
Planes Grounded
Cancelling Orders
Choosing Airbus over Boeing
Need New Planes for Upgradation
Savings on Fuel Costs
Greener planes
Asked Boeing to make new planes with no training requirements
Air Passengers
Lost Faith in Boeing
Want Accountability
Want Greener planes
Family Members of the dead have filed Lawsuits
FAA/Government
Failed in its responsibility
Planning to introduce new Regulations
Lost trust of People
Succumbed to Boeing Pressure