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Boeing faces security issues after the second 737 crash in six months

All 157 people aboard an Ethiopian Airlines flight died after the aircraft crashed shortly after starting on Sunday morning. It follows a Lion Air flight that went down in late October and killed all 189 people on board. Both the flights in Ethiopia Airlines and Lion Air were the brand new Boeing 737 MAX 8 aircraft. And both crashed minutes in flight. The circumstances of both crashes are still investigated, and Boeing has not provided any evidence that the two incidents are linked. The similarities can be a coincidence. But if the Ethiopian airline crash was caused by the same problems as the Lion Air crash, Boeing ( BA ) would need to quickly implement a package of modifications to its plans and change how the 737 MAX 8 crew is trained, according to Richard Aboulafia, aviation analyst at Teal Group. If the manufacturer, airlines or customers are worried about 737 MAX 8's security, Boeing may be able to temporarily limit new planes or stop deliveries, Aboulafia said. 737 MAX is by far Boeing's bestseller. The two-year model 737 MAX 8 in particular is hugely popular (MAX 9 just last time and Boeing has not yet delivered MAX 1 0). Last year, 72% of Boeing's deliveries were 737 aircraft. Boeing plans to make 59 new 737s every month this year – more than four times the number of 787s, Boeing's second best seller. Southwest has the largest fleet of 737 MAX 8 aircraft, followed by RyanAir and FlyDubai, according to…

All 157 people aboard an Ethiopian Airlines flight died after the aircraft crashed shortly after starting on Sunday morning. It follows a Lion Air flight that went down in late October and killed all 189 people on board.

Both the flights in Ethiopia Airlines and Lion Air were the brand new Boeing 737 MAX 8 aircraft. And both crashed minutes in flight.

The circumstances of both crashes are still investigated, and Boeing has not provided any evidence that the two incidents are linked. The similarities can be a coincidence.

But if the Ethiopian airline crash was caused by the same problems as the Lion Air crash, Boeing ( BA ) would need to quickly implement a package of modifications to its plans and change how the 737 MAX 8 crew is trained, according to Richard Aboulafia, aviation analyst at Teal Group.

If the manufacturer, airlines or customers are worried about 737 MAX 8’s security, Boeing may be able to temporarily limit new planes or stop deliveries, Aboulafia said.

737 MAX is by far Boeing’s bestseller. The two-year model 737 MAX 8 in particular is hugely popular (MAX 9 just last time and Boeing has not yet delivered MAX 1

0). Last year, 72% of Boeing’s deliveries were 737 aircraft. Boeing plans to make 59 new 737s every month this year – more than four times the number of 787s, Boeing’s second best seller.

Southwest has the largest fleet of 737 MAX 8 aircraft, followed by RyanAir and FlyDubai, according to Boeing. American Airlines and United also fly MAX 8. Delta does not fly any 737 MAX variants.

Although it is “too soon to know anything about this crash,” Aboulafia said that it is unlikely that Boing’s bottom line will be too much.

“In relation to the company’s revenue base, this would not be too heavy in any way,” he said.

Boeing said in a statement that “it is deeply sad to learn the passage of passengers and crew on Ethiopian Airlines Flight 302, a 737 MAX 8 aircraft,” the company said it is ready to provide technical assistance at the request of the US National Transportation Safety Board.

Ethiopia had flown for only 1400 hours before it crashed, and Ethiopian Airlines has a good safety record.

October’s Lion Air crash is believed to be caused by erroneous data suggesting that the nose was tilted higher than it was. The new security system installed in the 737 MAX 8 plane automatically pulls down the planet’s nose if data suggests it is in danger.

Boeing’s share capital increased by 31% this year. It is the best artist in Dow this year and the 16th best share in S&P 500.

Boeing had its best year ever in 2018, and it expects this year to be even better. The company posted sales of over $ 100 billion for the first time in its 102-year history due to increases in commercial and military jet supplies.

The company delivered record 806 commercial jets last year, an increase of nearly 6% from 2017.


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