Deep Red Sea: Boeing losses mount as 737 MAX crisis continues

AeroTime Daily News | January 29, 2020
As the 737 MAX is staying put at least until mid-2020 and cash flow further diminishes as Boeing posted record-low orders and deliveries’ numbers, the company published its Q4 and full-year results for 2019 with an update on the 737 MAX and the 787 programs, including the total costs of the groundings.
Two bodies and the flight data recorders from the USAF E-11A plane that crashed in Ghazni, eastern Afghanistan, on January 27, 2020, were recovered. An investigation has been launched to determine if the aircraft was shot down or not.
Following the service entry of Airbus next generation super transporter, the BelugaXL, earlier in the month, the European manufacturer now invites to “enter the cockpit” of its “smiling whale”.
South African Airways (SAA) has secured crucial funds to meet short-term liquidity requirements and to continue flights as normal in accordance to the business rescue plan.

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