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737 MAX

The $15 billion jet dilemma facing Boeing's CEO
Business & Finance

The $15 billion jet dilemma facing Boeing's CEO

  • Airbus' single-aisle A321neo has snapped up billions of dollars of orders in a recently booming segment of the market, as the largest MAX variants struggled to block it.
  • "I'm confident that over a longer period of time, we'll get back to where we need to get to and I'm confident in the product line," Calhoun said in April as Boeing won new MAX orders.
Published 02 Jun, 2021 11:49pm
Spirit posts quarterly loss on pandemic, 737 MAX pain
Business & Finance

Spirit posts quarterly loss on pandemic, 737 MAX pain

  • "2020 was one of the most challenging years in aviation history. For Spirit, the 737 MAX grounding and the COVID-19 pandemic created a dual-crisis," Spirit Chief Executive Officer Tom Gentile said.
  • Spirit's total deliveries of shipsets, or complete sets of parts, fell 48.9% to 231 units in the fourth quarter. Boeing 737 MAX deliveries fell to 19 shipsets from 153 a year ago.
Published 23 Feb, 2021 08:02pm