Tuesday, 12 March 2019 07:21 AM
The second deadly crash of a prized new airplane in five months has renewed safety concerns about the 737 Max that could shape Boeing’s fortunes for many years.
The 737 Max is the newest version of the 737, the best-selling airliner ever. Since debuting in 2017, Boeing has delivered more than 350 of them in several versions that vary by size.
Dozens of airlines around the world have embraced the plane for its fuel efficiency and utility for short and medium-haul flights.
Boeing has taken more than 5,000 orders for the various Max versions, and they constitute the largest share of the company’s backlog of nearly 5,900 planes. They carry list prices from $100 million to $135 million, although airlines routinely get deep discounts.
The plane suffered its first fatal accident in October, when a 737 Max 8 operated by Lion Air plunged into the Java Sea, killing 189 people. Boeing bounced back, however, with little apparent effect on new orders.
Read Newsmax: Boeing Crashes Alarm Travelers, Groundings Snowball | Newsmax.com
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