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Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Boeing Engineering Date:  3/18/2019  4:15 PM
Author:  borisnand Number:  555139 of 595277

I would prefer flying on a 737 MAX over a Chinese plane, but who knows in 10 years. Boston just took delivery of some Chinese made subway cars.

AP Source: Justice Dept. probing development of Boeing jets
A federal grand jury in Washington, D.C., sent a subpoena to someone involved in the plane’s development seeking emails, messages and other communications, the source told The Associated Press.

The 737 MAX is Boeing’s fastest-selling plane ever.
737 MAX: total orders 5012, delivered so far 376, backlog 4636
Don’t expect a falloff in 737 MAX orders, however. There’s a years long wait for the planes. Customers who switch to the A320neo from Airbus will wait years there, too.
The larger risk may be that Boeing’s setback creates a bigger opportunity for a looming new rival, China, and its Comac C919. But it won’t begin deliveries until 2021, barring delays. And almost all orders so far have come from Chinese customers.
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