Boeing is in crisis, but it is doing just fine in its race with Airbus - News Summed Up

Boeing is in crisis, but it is doing just fine in its race with Airbus


New York (CNN Business) Boeing remains competitive with its biggest rival, Airbus, even as Boeing faces one of its worst crises ever. Chinese airlines ordered 300 Airbus jets on Monday — a big win for Airbus and a defeat for Boeing. Last year, Boeing had 675 net orders for 737 Max jets, adding 13 new clients for the plane. Airbus' long backlog of A320 jets orders would also discourage a current 737 Max customer from switching to the A320. It also pulled the 737 Max airworthiness certificate from the 737 Max on Tuesday, even though the planes were already grounded.


Source: CNN March 26, 2019 18:56 UTC



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