Problems with Boeing's 737 Max killed 346 people. The plane's grounding has cost the company billions of dollars and caused problems for airlines around the globe.
Now the 737 Max crisis could delay or even end Boeing's plans for a new mid-size airplane, widely expected to be called the Boeing 797. Before the crisis, the aviation industry expected Boeing would go ahead with plans for the plane. Now several experts say the chances are about 50-50, at best. "I gave a presentation in January where I said it was about a 65% chance," said Richard Aboulafia, aerospace analyst with the Teal Group.
"Airbus' head startAs Boeing focuses most of its attention on the 737 Max has given, Airbus has gotten an unexpected head start in the mid-size segment, announcing it would go ahead with its own entry, the A321XLR. That could lead some airlines to commit to the Airbus version of the long-range mid-size jet."Airbus has already got 200-plus orders for an aircraft that doesn't exist at the moment," said Grant.
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