Boeing was plunged into a crisis earlier this year, putting the safety of its aircraft under scrutiny. Earlier this month, in a move that shocked the industry, the company pleaded guilty to a criminal fraud charge related to two crashes of its 737 Max jetliner.
That should’ve been good news for Airbus, Europe’s answer to Boeing. However, the company has been dealing with a backlog of orders while juggling supply chain constraints and mounting costs.
