long been a central cog of America’s industrial machine. Each year it sells $100bn-worth of aerospace equipment and services around the world and pays $45bn to other American firms. It is the world’s largest aircraft-maker and America’s largest manufacturing exporter. Its commercial jets, which account for 60% of revenues, ferry millions of passengers.
Most aerospace firms do not live by Boeing alone. That, and Boeing’s decision to maintain production, has insulated them from a bigger fallout., reckons the delays will have only a small impact on profits. The situation for suppliers is summed up neatly by David Squires, boss of Senior, a British firm that makes high-tech components not only for Boeing but also forand Spirit. The grounding has not been devastating, he insists.
A so big problem.
Fly Airbus !
serves them right. They cut corners on critical systems and indirectly caused hundreds of deaths.
Awwww...wah. does the big billionaire not get billions this week Oh no.
When you are an airplane manufacturer it is important that, you know, your planes don't fall out of the sky. That's economics!
Anybody who has had the misfortune of being a supplier to Boeing will know what an awful company they are to deal with.
If and when 737 max family would fly again, I have decided not to fly with it at least for two years after approval; whether rebranded or not.