UAL - Boeing's 737 MAX Crisis Ripple Effects Disrupt Airlines Suppliers | Benzinga
The midair incident in January involving a door panel blowing off an Alaska Air Group Inc (NYSE:ALK) operated Boeing Co. (NYSE:BA) 737 MAX 9 jet, leading the carrier to ground its MAX 9 fleet has had a domino effect on all aspects of aviation industry.
This single incident has led to inflating costs for those dependent on Boeing and straining airlines’ operations, reported Reuters.
The resulting slowdown in Boeing’s MAX deliveries has hurt earnings for airlines like Southwest Airlines Co (NYSE:LUV) and various suppliers, while also causing inconvenience and stranding passengers.
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Southwest Airlines and other carriers have had to fly fewer routes and face ...