(Bloomberg)Boeing Co.’s 737 Max crisis has been largely self-inflicted, but now it’s passing some of consequences onto its suppliers. The longer the grounding lasts, the more unlikely it is that suppliers will emerge from this debacle unscathed. Legal complaints are mounting, with consumer advocate Ralph Nader urging a recall of the Max on behalf of his grand-niece who died in the Ethiopian Airlines crash. That may not go far, but meanwhile, Ethiopian Airlines said Friday that it was rethinking plans to purchase an additional 25 Max jets because of the “stigma” associated with the plane. PT Garuda Indonesia had already initiated steps to cancel a $4.8 billion order because its customers don’t trust the plane.
Source: Washington Post April 05, 2019 22:41 UTC