Replacing 737 Max will not solve Boeing's troubles, analysts warn

Clay Curtis
January 16, 2020

Boeing reversed losses after the release of the data, which also showed a surge in deliveries of satellites and military aircraft to 231 units from 98 a year earlier. "We are continuing discussions with Boeing on this matter", a spokesman from MAB told the New Straits Times (NST) yesterday.

In a note today, the research house said Malaysia Airlines made a decision to suspend the delivery of 25 Boeing 737 MAX jets amidst the aircraft's delayed return to service.

MAB said safety was its utmost priority and welcomed the move by Boeing to improve procedures, ensuring safer operations of the 737-MAX.

However, the airline did not respond immediately when asked on when its Boeing deliveries would resume or whether it still wanted to pursue orders from Boeing.

The company is still working to fix the MAX and there is little clarity on when Boeing is likely to get the green light from regulators to bring the airplane back into service, making analysts and investors jittery about the company's prospects in 2020.

Trump referenced studies that suggested the production halt of the 737 Max could shave 0.5 per cent from USA gross domestic product this year.

Boeing apologised to MAB for the disruption.

Google's Advanced Protection Program adds support for iOS security keys
Google presents this new feature as a way to simplify APP and make it easier for anyone to take advantage of the added security. You can then use the Google Smart Lock to authenticate the log-in, indicating that it was initiated by you with a quick tap.

Mr Calhoun said he is "confident in the future" of the firm, telling staff his "primary focus" will be returning the 737 Max to the skies.

Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan said the huge delay had affected many airlines and their plans for deployment.

Boeing lost the title of world's largest plane-maker as the 737 Max grounding sent the company to its biggest defeat in a 45-year duel with Airbus.

China's share in deliveries of Boeing planes fell to its lowest in seven years in 2019, Reuters analysis of Boeing sales data showed.

The company delivered 45 of the wide-body passenger jets, which first went into service in 2011.

Boeing stopped production of the 737 MAX altogether this month as it is not known when the jet will get clearance to fly again.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER