American aircraft giant Boeing announced its financial results for the year 2023, posting a final loss for the fifth consecutive year. In addition, due to an accident in which a window panel of the 737 MAX 9 was blown off during flight, the company did not provide an outlook for this year's performance.
According to Boeing's financial results for the year 2023 announced on the 31st, sales increased by 17% from the previous year to $77.794 billion, and the final profit and loss was $2.242 billion due to increased costs and R&D expenses. This was the fifth consecutive year in the red, with a deficit of 10,000 dollars, or approximately 330 billion yen in Japanese yen.
In addition, on January 5, 2019, a window panel of a 737 MAX 9 passenger plane operated by Alaska Airlines was blown off over the state of Oregon in the western United States, resulting in a temporary suspension of operations for the same aircraft and a series of flight cancellations. In addition, Boeing has been informed by aviation authorities that it will not be allowed to expand production of the 737 MAX, raising concerns about the impact on future business performance.
In response to the accident, the company did not provide a forecast for this year's performance, and CEO Calhoun said at a financial results briefing, ``We will not provide a forecast for this year's performance. Now is not the time. We caused the problem.'' After acknowledging responsibility for the accident, the company expressed its intention to focus on safety measures to improve the quality of its aircraft.
As the difficult business environment continues, the challenge is whether companies can restore trust and rebuild their businesses by implementing safety measures to prevent the recurrence of accidents.
Accident in which a panel was blown off during flight had a negative impact on airlines operating the same type of aircraft
The accident in which a window panel of a Boeing 737 MAX 9 passenger plane operated by Alaska Airlines was blown off during flight has had an impact on the performance of American airlines that operate the same type of aircraft.
Alaska Airlines suspended operations of the same type of aircraft in response to instructions from aviation authorities, and resumed operations on January 26th after completing inspections.
The company has announced that more than 3,000 flights are expected to be canceled last month as a result of this, leading to a decline in profits of $150 million, or approximately 22 billion yen, for the year.
United Airlines also suspended operations of the same type of aircraft in response to instructions from aviation authorities, and resumed operations on the 27th of last month after undergoing inspection, but this has resulted in a number of flight cancellations. It is expected that this will have a negative impact on business results for the three months to March.