Boeing, 737 Max Win Big at Paris Air Show

The transcript discusses the dynamics between Boeing and Airbus at an event, highlighting Boeing's challenges with the grounded 737 Max and Airbus's initial advantage. Despite this, Boeing secured a significant letter of intent from IAG, a major airline, which was unexpected. IAG's CEO, a former pilot, vouched for the safety of the 737 Max, indicating confidence in the aircraft. The order, although not formal, represents a strategic win for Boeing, especially since IAG is traditionally an Airbus customer.

What was Boeing's main concern going into the event?

• Competition from new airlines

• The launch of a new plane

• The grounding of the 737 Max

• A shortage of pilots

How did Boeing's CEO approach the event?

• By focusing on safety and learning

• By announcing new partnerships

• With aggressive marketing strategies

• With a focus on cost-cutting measures

What was surprising about Boeing's deal with IAG?

• It involved a new type of aircraft

• It was a partnership with a U.S. company

• It was a last-minute negotiation

• It was expected to happen much earlier

Why is the deal with IAG significant for Boeing?

• IAG is a long-time Boeing customer

• IAG is based in the U.S.

• IAG is a new airline

• IAG is an established airline switching from Airbus

What type of agreement did Boeing and IAG reach?

• A lease agreement

• A letter of intent

• A formal purchase order

• A joint venture