I'm surprised that the market hasn't reacted more negatively towards Boeing regarding the Max 8 disaster.
Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result.
Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 34 of which are Max 8s (with an additional 246 ordered), ~4.5% of the fleet.
The lawsuits that are surely incoming are going to pile-drive this company into the ground.
Airlines operate on razor-thin margins (~1 to 2%), and several users of the Max 8 have had significant portions of their fleet out of service as a result.
Westjet [1], for example runs 124 planes currently. 13 of which are the Max 8. Over 10% of their fleet. Southwest Airlines [2], for example, runs 748 planes, 34 of which are Max 8s (with an additional 246 ordered), ~4.5% of the fleet.
The lawsuits that are surely incoming are going to pile-drive this company into the ground.
edit: [1] https://en.wikipedia.org/wiki/WestJet#Current_fleet edit 2: [2] https://en.wikipedia.org/wiki/Southwest_Airlines_fleet#Curre...