Boeing Is Reportedly Getting Creative as It Tries to Move 737 Max Inventory
Boeing (NYSE: BA), facing uncertain demand for its 737 Max jet once it is recertified to fly, is reportedly scrambling to find creative ways for airlines to finance new plane deliveries.
The 737 Max has been grounded since March 2019 after a pair of fatal accidents, but Boeing hopes to have the plane cleared to resume flying later this year.
The plane, with its fuel-efficient engines and category-leading range, was once expected to be among the best-selling aircraft models of all time. But a lot has changed since the 737 Max launch. The crashes and the publicity that followed them have damaged the 737 Max brand. And airlines, due to COVID-19, are not in the market for new aircraft.
Source Fool.com
