The Boom in Airplane Orders Is Over for Boeing and Airbus

Boeing and Airbus have reveled in a decade of airplane sales that outshined any other in history—but the period is ending on a sour note.

The biggest shock by far has been the grounding of the Boeing 737 Max after two fatal crashes in a span of five months killed 346 people. The worldwide flight ban — now in its 10th month — forced Boeing to stop deliveries and has ground new orders of Boeing’s best-selling jetliner nearly to a halt, draining cash and tarnishing the image of the biggest U.S. exporter.

Read more: https://www.cnbc.com/2019/12/15/the-boom-in-airplane-orders-is-over-for-boeing-and-airbus.html