Reported about 1 month ago
Boeing faces a significant financial crisis, with over $33 billion in losses linked to the grounding of its 737 Max jets and a recent strike adding $1 billion in monthly losses. While this may lead to fewer plane deliveries and potentially higher flight fares, the current surplus of airline capacity means no immediate danger to passenger travel. However, the broader implications could harm the U.S. economy due to Boeing's role as a major exporter and employer, affecting communities and suppliers nationwide.
Source: YAHOO