Tag: 737 max
Boeing expects that Latin America could need 2,960 new planes by 2038. In Brazil's improving economy, low-cost carriers drive passenger growth.
French aircraft maker Airbus seems to be leveraging the Boeing (BA) 737 MAX fallout by expanding its aircraft production capacity in China.
The third quarter was tough for multinational conglomerate General Electric (GE). Between July 1 and September 30, GE stock lost 15% of its value.
A prominent Wall Street analyst believes that Southwest Airlines (LUV) could look for strategic solutions to its 737 MAX problems, including acquisition.
Boeing (BA) stock slid 6.8% on Friday. Also impacted by the MAX crisis are part suppliers Spirit AeroSystems, Triumph Group, and Allegheny Technologies.