Boeing is fighting perhaps its biggest battle in ages, as its previously best-performing product, the 737Max has been grounded in several countries. Not only that, the product is no longer being ordered by any country or company. Boeing announced recently that it received far fewer orders in April 2019 for its 737 jets in the first quarter of 2019 than it recorded in the same period last year.
This follows the two recent crashes of the flagship product owned by Ethiopian Air and Lion Air. Starting from China, several countries canceled their order after grounding the airliner in their possession. What happens now? A rain of lawsuits? Let’s guess, Ethiopian and Lion Air will all sue. Then airlines that have purchased the 737 Max will want their money back, lets not forget there is nothing more important as securing the bag. But in all these, Airbus just keeps smiling to the bank. May your fall never be food for your competitor. Boeing, Boeing Gone! #tears. Full details here