Investigating the Boeing 737 MAX 8 Crisis and its Economic Effects

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Description
Air travel has become increasingly popular, becoming the preferred and most efficient method of travel throughout the years. With air travel projected to double within the next 20 years, more people than ever will be utilizing this form of travel.

Air travel has become increasingly popular, becoming the preferred and most efficient method of travel throughout the years. With air travel projected to double within the next 20 years, more people than ever will be utilizing this form of travel. However, an increased demand requires an equivalent increase of security and safety. Many individuals have pondered this concept in an effort to better understand the corrective action in store following two deadly crashes that killed over 300 people. Are the airlines and aerospace manufacturers able to ensure a specific safety standard across all aircraft models and is this enough to reassure the public? Boeing, one of the industry’s leaders in aerospace manufacturing, found itself at the forefront of this movement for safety after the tragic system failures of its aircraft, the Boeing 737 MAX 8.
This report has been curated in an effort to highlight the injustices and oversights that have occurred throughout the course of the Boeing Crisis. These have formed during the early stages of designing, manufacturing, and integration process of the Boeing 737 MAX 8. The coverage and investigation that this crisis received was not cumulative of all factors that contributed to the failure of the aircraft to perform as designed while in flight. With many official reports from Boeing and the FAA being insufficient in both scope and detail of the crashes, this report will highlight the integral details that should play a larger role in the future manufacturing processes of aircrafts.
Date Created
2020-05
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