MAX crisis:
Two scenarios — December 2019

Not quite the nadir for Boeing as we suggested in the last issue. 737 MAX production has now been suspended, the recertification process is still unclear, second quarter 2020 at earliest it seems, and Dennis Muilenburg was sacked as CEO.

Boeing ended 2019 (up to end November) with net orders of just 56 and deliveries of 345 commercial jets. Not that it was a particularly good year for Airbus either: 212 cancellations brought the net order total down to 718, and there were just 715 deliveries up to end-November against an original target of 960 for the year.