Another deadly 737 Max control bug just found!

[chickenHeadKnob]

Seems like, for Boeing, corona is the best thing that happened since sliced bread. Thousand new airplanes are grounded, but airlines are not, or barely, operating anyway, so no pressure.

Yep 
Well, at least for those involved in the 737MAX.
Uncle Sam will helicopter drop in some free cash, and they get oodles more time to solve the problems.

I would say no, it compounds their cash flow problem. Before the pandemic the Airlines were trapped. The order book for the main competitor the Airbus A321 Neo is full to 10 years out and the order book for the MAX is also full. Now Airlines who were/are skating on thin ice already will go bankrupt and the ordered aircraft backlog will shrink dramatically. There will also be many aircraft on the used market. It is going to be a bloodbath for commercial aviation.

[SiliconWizard]

Now Airlines who were/are skating on thin ice already will go bankrupt and the ordered aircraft backlog will shrink dramatically.

Yup. Some people seem to think airlines can keep going for weeks with almost no activity and will be back to normal when the crisis is over. Keep on dreaming.
This is not going to be pretty for some of them, and I bet that a few won't be able to honor the orders they have passed - or only partially for those that will survive.

[Domagoj T]

https://edition.cnn.com/2020/03/27/business/boeing-bailout-government-stake/index.html

Boeing CEO Dave Calhoun was asked earlier this week about how he felt about the prospect of the government taking a stake in his company in return for help, he said he was not in favor of such a move.
In an interview on Fox Business, he said that if the government required an equity in exchange for help, that Boeing would "look at all the other options, and we've got plenty of them."

I guess they don't really need help.

[tom66]

If the people (taxpayers) are going to bail out a company the *least* they deserve is some share in return of that company.

I'd rather let these companies go bust that just give them money with no conditions attached.  Boeing can go ... well, you know.

[BravoV]

Easy, just make a stealhty request to Chinese conglomerats , asking a favour that they will pretend that they are going to inject fresh cash into Boeing, pretty sure that will be the wake up call for the gov and senates to bring more money without too demanding on the terms. 

[chickenHeadKnob]

And the cancellations gather steam

quote:
     Boeing customers cancelled 150 orders for the 737 MAX in March, and the plane maker’s commercial backlog fell by a net 307 planes in the first quarter as it accounted for orders that airlines are now unlikely to take delivery of as they struggle to survive a steep drop-off in travel amid the coronavirus pandemic.

https://www.forbes.com/sites/jeremybogaisky/2020/04/14/boeing-backlog-shrinks-by-300-planes-as-more-737-max-orders-cancelled/#3a6ec7091c7c