Boeing's 737 Max crisis keeps getting worse and worse. And there is no clear end in sight.
In March, following the second of two fatal crashes that killed a total of 346 people, Boeing promised a fix would be in place"in the coming weeks." The company was wrong on the timing, and now there's no telling when the 737 Max jets will fly again. On Monday, the company suspended production of the jets. While the planes may be airborne sooner, analysts estimate that it could be well into 2022, maybe even 2023, before Boeing is able to put its 737 Max problems behind it.
In the past, Boeing was allowed to sign off on the jets as they rolled off the assembly line."That's a lot of planes to deliver. You've got to do pre-delivery checkouts. You've got the FAA looking over their shoulder," said von Rumohr.Will there be layoffs?For now at least, Boeing will keep all of its employees on the payroll.
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