TECH - Boeing 737 MAX 9 Safety Crisis Echoes Across Dublin Global Aviation Meet | Benzinga
The world of aviation finance is reportedly convening for the first time since a recent in-flight cabin mishap instigated a new safety crisis for Boeing Co (NYSE:BA). The focal point of the conference is the aftermath of the Boeing 737 MAX 9 crisis on the $150 billion jet industry.
What Happened: The meeting is being held in Dublin and will go on for a week starting Monday, Reuters reported. The attendees, including lessors, bankers, and airlines, will deliberate on the supply implications of the recent Boeing 737 MAX 9 grounding, following an incident with Alaska Airlines earlier this month where a door plug blew out.
Rob Morris, the head of the global consultancy at Ascend by Cirium, told Reuters that the aviation industry is struggling to keep pace with the post-pandemic travel boom. The recent near-catastrophe, leading to an emergency landing, has added a fresh layer of regulatory risk, further complicating ...