LUV - Boeing's Grounding: Catastrophic Crashes And Questions About Boeing's Liability And 737 MAX Aircraft Viability
By Vaughn Cordle, CFA and Don McGregor, USAF Maj Gen ((ret))
Executive summary
On October 29, 2018, Lion Air Flight 610 crashed into the Java Sea twelve minutes after takeoff with 189 passengers and crew on board. On March 10, 2019, Ethiopian Airlines Flight 302 crashed six minutes after takeoff with 157 passengers and crew. In March 2019, the Boeing 737 MAX passenger airliner was grounded by airlines and governments worldwide following the two crashes, which occurred less than five months apart, killing all 346 people aboard both flights.
The 737 is the best-selling