PESTEL analysis Boeing, Airbus, aeronautics industries, space industries, Comac, Safran, Thales, Michelin, Dassault, flights
The Boeing Company was founded as B&W in 1916. It operates in the civil, military and space aeronautics industries. Given the political context at the time, the company grew rapidly, including supplying the US military with war engines as the country entered the global conflict. Military aviation developed from the interwar period, while space and civilian sectors developed significantly from the 1960s.
[...] China maintains its position and the Boeing 737 remains inadmissible. These re-authorisations generate social controversy. Various newspaper articles question either the condition of the assembly of the machines, which do not respect the standards in force or the overall safety of the machine. Some experts advocate additional arrangements and denounce a re-authorisation of theft for economic reasons with no regard for the safety of users. This incident threw Boeing into a serious crisis of confidence and security. In 2021, the company was ordered to pay a fine of more than billion to compensate victims of the crashes, even before the trial. [...]
[...] Longer term, the future of the airline industry is uncertain. If the air transport mode continues to move until 2019, the health crisis and the economic crisis could turn the aviation sector in a new direction. Bibliography and references Boeing turnover and profit, detailed accounts, balance sheet and BA income statement - US0970231058 - Boursier.com Boeing: Boeing France - French industry: a partner of excellence MediaRoom - News Releases/Statements Bck-Future-Airplanes-FR.pdf (boeing.fr) AVIATION hours and 16 minutes: it was the longest direct flight in history (ledauphine.com) How will the aeronautics sector evolve in the face of tomorrow's environmental challenges? [...]
[...] This unfavourable context is exacerbated by the current health crisis linked to COVID-19. These two elements suggest that Boeing is mired in a lasting socio-economic crisis. Boeing's situation is worrying insofar as it includes a crisis of confidence: operating in a strong legislative context: the company has knowingly withheld information from the body in charge of authorising the theft of its aircraft to evade controls of security. Boeing admitted its mistake and had to compensate for the airlines. The story is not over as the trials are still ongoing. [...]
[...] Still, in the same vein, Boeing France was created in 2002. These partnerships have enabled Boeing to gain recognition and rapid growth in Europe. Ultimately, in order to find its place in the European market and make it its own, Boeing was able to establish itself, opening up the field of possibilities . But a company currently mired in a lasting economic crisis However, since 2018, Boeing has been sinking into an economic slump strongly linked to the Boeing 737 Max affair. [...]
[...] Ecological Boeing is setting itself targets for reducing greenhouse gases. Their environmental innovations concern the construction of aeroplanes and also the adaptability of construction sites. On its website, Boeing makes available to the user its report on its commitments related to the environment. The stated objective is, therefore, to reduce its greenhouse gas emissions linked to civil aviation by 50% by 2050. On production sites, improvements are planned for 2025 with the following objectives, a generalisation of 3D printing, rationalisation of raw materials, resulting in a reduction in energy consumed and waste produced. [...]
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