max in the spotlight it s the second major safety scandal to put the 737 max in the spotlight the first involved the deaths of 346 people in two crashes in indonesia in 2018 and ethiopia in 2019. addressing employees at its factory in washington state where the planes are assembled chief executive dave calhoun said boeing would approach the issue with complete transparency. when i got that picture, and i hope all of you, in some way, i hope most of you have seen it, and those of you who haven t do look at it, all i could think about was i did not know what happened to whoever was supposed to be in the seat next to that hole in the airplane. i ve got kids, grandkids, and so do you. this stuff matters. earlier i spoke to professor graham braithwaite, director of transport systems at cranfield university and asked him whether customers and investors were reassured by the boeing boss s words. i think we ve seen a big difference in the way that boeing has reacted to this
Is planning to buy some of those apartments, relax the rules on Mortgage Borrowing and step in to put the finishing touches on unfinished units. Separately, one of those big developers, Country Garden holdings, was today given another four weeks by the high court in hong kong to sort out its 190 billion of debts before hearing a petition from debtors to wind the company up. Duncan wrigley, Chief China Economist at Pantheon Macroeconomics joins us. What do you make of what weve heard today . Is it enough to contain the chinese Property Crisis . Yes, i think what weve heard today is from various officials, its helpful, but its probably not a panacea. So, you are right, there are moves to boost Housing Demand through easing mortgage terms, allowing people to borrow more, lowering Interest Rates and that should boost Housing Demand but a lot of that will go into the second hand Housing Market where there is a big overhang. The second big policy is allowing governments, especially local gov
To texas. Joining me now is erin delmore, our north America Business correspondent. We should stress that he is not talking about whether shareholders support the move and the paid package, but actually whether she can get a request It Percentage of shareholders to a ballot. What is that about . Shareholders to a ballot. What is that about . ,. ,. , that about . You are right. There are two issues here, that about . You are right. There are two issues here, getting that about . You are right. There are two issues here, getting people that about . You are right. There are two issues here, getting people to l two issues here, getting people to vote, and getting people to vote at all. Shareholders approve this pay deal back in 2018. It was losing money back then. Now the company has a market value of nearly 570 billion dollars. Their argument is that they set these lofty targets that the company tied to mask s pay. They say he deserves the pay but a judge in delaware said that the process
i think that s a really important question, and clearly the investigation will want to get to that answer as soon as it can. now, the ntsb have told us that that report may not come for a year or 18 months, which is why it s right that the company takes immediate actions to minimise any risk that might be there in the system. so clearly, they re going to look at their quality assurance processes. clearly, they re looking at their entire supply chain, and that may involve other companies that delivered components, indeed, the fuselage into this build programme. and if that ntsb investigation finds something that needs immediate action, we will know about that straightaway. we won t have to wait 12 months, we won t have to wait 18 months. so i think you ll see rapid action here, and it s good to see that the response from boeing seems to be very different this time. professor graham braithwaite that they are on the outlook for boeing. let s shift in the gear and talk a little about bitco
first involved the deaths of 346 people in two crashes in indonesia in 2018 and ethiopia in 2019. addressing employees at its factory in washington state, where the planes are assembled, ce dave calhoun said boeing would approach the issue with complete transparency. when i got that picture, and i hope all of you in some way, i hope most of you have seen it, and those of you who haven t haven t will look at it, all i could think about was i did not know what happened to whoever was supposed to be in the seat next to that hole in the airplane. i ve got kids, grandkids, and so do you. this stuff matters. earlier i spoke to professor graham braithwaite, director of transport systems at cranfield university and asked him what he thought his demonstration would do to reassure customers and investors. i think we ve seen a big difference