Boeing has $400 billion in orders on the books, 80% of them are for the 737 (BA)

• Ethiopian Airlines Flight ET302 is the second catastrophic crash of a nearly brand-new Boeing 737 MAX airliner in four months.
• Regulatory agencies in China, the United Kingdom, Australia, Singapore, Indonesia, and Ethiopia have all grounded the 737 MAXs operating within their jurisdiction.
• Airlines including Norwegian Air, AeroMexico, Jet Airways, and Gol have also grounded their MAX fleets.
• The Boeing 737 program represents 80% of Boeing’s order backlog.

The crash of Ethiopian Airlines Flight ET302 has raised alarm bells across the airline industry. The incident, which killed all 157 passengers read more >>>

Source : BusinessInsider.Com