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MAX’s Return Delayed by FAA Reevaluation of 737 Safety Procedures
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17th Dec 2019, 16:45
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OldnGrounded
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From Business Insider, today:
Quote:
Here's the gruesome truth of how much Boeing's 737 Max debacle is expected to hurt the US economy
Boeing's recent decision to pause 737 Max production will cut 0.5 percentage points from gross domestic product growth in the first quarter of 2020, JPMorgan said Tuesday.
The model is Boeing's best-selling product, and the production cut will have a material effect on GDP by pulling inventory growth lower, chief economist Michael Feroli said in a note.
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