"The past 10 months have not been good for Boeing for all sorts of reasons-capped off in December by the failure of the company's Starliner commercial crew vehicle to achieve the right orbit in its uncrewed debut. But the biggest of the company's problems remains the 737 MAX, grounded since last spring after two crashes that killed 346 people between them. Combined, the crashes are the worst air disaster since September 11, 2001."
"In the past, Boeing could rely on its space and defense divisions to keep the company rallying when its commercial airliner business faltered, and vice versa. But over the past decade, Boeing's defense, space, and security businesses-consolidated into a single division in 2017-have not been booming. And growth in overall revenues came largely because of the sales of the 737 MAX."
Boeing experienced a Starliner orbital failure in December and continues to grapple with its larger 737 MAX crisis. The 737 MAX has been grounded since last spring after two crashes killed 346 people, making them the deadliest air disasters since September 11, 2001. The crashes involved a sensor failure with no redundancy and problems with MCAS software that crews had not been trained to counter. Boeing executives warn that the necessary software fix likely will not be approved soon and expect FAA certification possibly by June or July. Boeing's defense and space businesses have underperformed, and revenue growth depended heavily on 737 MAX sales, while the company’s reputation has suffered.
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