Monday, May 11, 2020

Boeing's Number 1 Problem.

  Best selling 737 Max has been grounded for more than a year.  This is the brand new airliner that suffered two fatal crashes within a few months of each other.  The autopilot in both crashes failed, seized control of the plane and dove it into the ground, killing all on board.  After a year, the cause of the autopilot failure is known, fixes have been made, but the aircraft (and Boeing’s very survival) are still grounded.  The 737 MAX is Boeing’s bread and butter aircraft.  It’s the single aisle jetliner that does most of the flying. They were cranking out 57 a month ($100 mil apiece).  Production of all of Boeing’s other aircraft was only 20 per month. 
   FAA is still paralyzed with fear of another 737 MAX crash which would reflect badly upon them, and so they are slow walking all the paperwork.  The Corona virus epidemic has caused meetings to be replaced by teleconferences slowing matters still more.  Much more of this, and Boeing will have to declare bankruptcy. 

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