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Boeing is stuck with a enormous amount of completes airplanes That nobody wants or can afford. A lot (maybe most) airlines are struggling to survive with the i
by ThinkBeat 6y ago
Boeing is stuck with a enormous amount of completes airplanes That nobody wants or can afford.
A lot (maybe most) airlines are struggling to survive with the impact of the pandemic on travel.
A lot of banks that have lent money to airlines have their security in part in the airplanes.
Some countries are pumping money into particular airlines to try to keep them from bankruptcy
As more and more airlines news to shed aircraft and employees the market is or will be flooded with used aircraft.
Possibly some can be considered converted for freight if the market stays strong there
https://www.google.com/amp/s/www.forbes.com/sites/jeremybogaisky/2019/07/25/see-the-boeing-737-max-pile-up-in-storage-in-these-time-lapse-satellite-images/amp/ https://www.google.com/amp/s/www.forbes.com/sites/jeremyboga...
https://www.google.com/amp/s/www.seattletimes.com/business/boeing-aerospace/boeing-737-max-cancellations-continue-as-airline-downturn-shuts-off-jet-orders/%3famp=1 https://www.google.com/amp/s/www.seattletimes.com/business/b...