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Any MAX production changes could carry significant implications for the U.S. economy. Boeing’s inability to deliver the aircraft during the prolonged grounding
by forgingahead 7y ago
Any MAX production changes could carry significant implications for the U.S. economy. Boeing’s inability to deliver the aircraft during the prolonged grounding has already weighed on the nation’s trade deficit.
The quoted statement is highly speculative, but it's a good indication of why supposedly reputable news outlets and others in positions of societal authority seem to be hand-waving away the seriousness of the entire issue.
Planes have fallen out of the sky, and civilians were killed. These planes should never fly again, regardless of whatever random macro-economy professor says.
- chii 7y ago"What's a few lives when there's billions of profits at stake?"
- seanmcdirmid 7y agoThat and a bunch of jobs. The Seattle area isn’t as exposed to Boeing cut backs as it used to be, but I guess it would still be felt. Of course, they would have to replace this with something, either previous specced 737s, a new spec 737, or a new plane. While they are developing that market share will fly to Europe and possibly China.
- nknealk 7y agoWSJ also has some great reporting on the total contribution of the 737 MAX to US GDP: https://www.wsj.com/articles/boeings-737-max-is-too-big-to-fail-11556537499 https://www.wsj.com/articles/boeings-737-max-is-too-big-to-f... Not defending Boeing's behavior, just noting that the grounding of the MAX indeed materially affected GDP.
- anticensor 7y agoIt apparently affected GNC more than it affected GDP.