The 737 Max is no longer Boeing’s biggest problem, after yet another safety grounding
CNNNew York CNN Business — Late last year it seemed Boeing was finally on the verge of moving past some of the biggest challenges in its history. But now Boeing faces perhaps a more serious long-term problem: the near collapse of the market for widebody passenger jets, which is crucial to the company’s sales. In fact, the latest 777 grounding may be the least serious of Boeing’s widebody problems, even if the headlines are the the most glaring. And with airlines moving toward using single-aisle rather than widebody jets on more routes, Aboulafia said Boeing’s competitive disadvantage is a more serious long-term threat to the company than the Max grounding. 787 Dreamliner, 777X and other problems Beyond the existing Max challenges and new 777 grounding, Boeing has already announced plans to shutter a 787 factory in Washington state in the coming months since it needs to cut back production due to weak demand.