Boeing’s 737 MAX evolved to meet surging international demand for air travel and in the process became its top-selling plane. WSJ’s Jason Bellini looks at how the grounding of the fleet following the Ethiopian Airlines crash could have a significant impact on Boeing’s future. Photo: GettyBoeing Co. executives said they didn’t know when the 737 MAX would return to service and defended the design and certification of their best-selling plane, grounded by global regulators following two fatal crashes. The aerospace giant said Wednesday it has begun factoring in more than $1 billion in additional costs while the plane is grounded and production of additional aircraft remains scaled back.
Source: Wall Street Journal April 24, 2019 11:43 UTC