Boeing’s decision to develop the 737 Max family of aircraft was a knee-jerk reaction to rival Airbus, rather than a demonstration of industry leadership.
The founder and executive chairman of Air Lease Corporation, Steven Udvar-Hazy, criticised Boeing’s approach at the Airline Economics Growth Frontiers conference in the MansionHouse in Dublin.
Udvar-Hazy claimed that Boeing’s focus on the Max development program in 2011 hindered the pursuit of an entirely new aircraft concept.
