China’s Biggest Airlines Seek Damages From Boeing

The transcript discusses the grounding of Boeing planes and the resulting compensation demands from airlines, particularly in China. It highlights the significant impact on Boeing, given the large percentage of air traffic affected. The discussion also touches on China's ambitions in the aviation industry and the potential influence of trade tensions with the US. Additionally, the FAA's careful review process of Boeing's proposed fixes is outlined, emphasizing the importance of safety and thoroughness.

What percentage of air traffic in China was accounted for by the grounded Boeing planes in 2018?

• 75%

• 65%

• 50%

• 85%

How might trade tensions between the US and China affect Boeing's business?

• By increasing the demand for Boeing planes

• By reducing the need for compensation

• By influencing airplane purchase deals in trade negotiations

• By eliminating competition from Airbus

What is China's long-term goal in the aviation industry?

• To become a leading airline

• To compete with Western companies like Boeing and Airbus

• To reduce air traffic

• To focus solely on domestic flights

What approach is being taken to ensure the safety of Boeing's proposed fixes?

• A quick and efficient review

• A slow and careful review with international involvement

• A review by the US government alone

• An internal review by Boeing only

Who is involved in the panel reviewing Boeing's proposed fixes?

• Members from eight countries

• Only US officials

• Airline executives

• Representatives from Boeing