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Monday, May 6, 2024

Boeing’s China syndrome, big problems for the US aircraft manufacturer

China Eastern Airlines has grounded its fleet of Boeing 737-800s – some 108 planes in the China Eastern fleet along with another 117 planes it flies with subsidiary airlines. That’s a lot of planes, in either the first or second largest aviation market in the world, depending how you measure it.

Number of passengers on airlines worldwide in 2020, by registration country (in millions)…

GRAPH: statista.com

Last week a China Eastern Airlines, which operated the crashed Boeing 737, killing all 132 on board, left the world’s second largest commercial jet manufacturer with even more headaches.

At this stage we don’t know what caused the crash. But even if the evidence shows that the plane was not at fault, Boeing has huge problems in what was going to be the period for recovery after the 737 Max fiasco, which had become the US manufacturers’ low point in an otherwise stellar…

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