Boeing Shares Drop After Ethiopian Airlines Crash - News Summed Up

Boeing Shares Drop After Ethiopian Airlines Crash


The single-aisle 737 Max, the American plane maker’s challenger to Airbus’s A320 jet, was Boeing’s best-selling plane ever. It was unclear how the groundings of the 737 Max might affect Boeing’s bottom line. If the 737 Max is taken out of service, Boeing might have to compensate airlines for delayed deliveries. And Boeing could face lawsuits filed by the families of those killed in the Ethiopian Airline crash. Chinese airlines have ordered at least 104 737 Max planes, and have taken delivery of at least 70.


Source: New York Times March 11, 2019 13:06 UTC



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