In 2019, Boeing even lost its bottom line for the first time in over 30 years because there were more cancellations than new orders. Airbus benefited from the weakness of its US competitor and for the first time in years took over the world market leadership as the largest aircraft manufacturer. Boeing hopes that the 737 Max will be able to take off again from mid-2020.
Difficult times for Boeing
The Boeing-Jet 737 Max has not been allowed to take off since mid-March 2019 after two crashes with a total of 346 deaths. The ban applies worldwide. The decisive cause of the devastating accidents is a faulty automatic control system for the aircraft – namely the MCAS system, which incorrectly evaluated the angle of attack data and made unnecessary corrections.
The flight ban for the 737 Max continues to affect the company and has already caused high special costs and image damage. Until the crashes, Boeing’s bestseller was one of the most important sources of profit.
mka / gs / dpa