737 MAX Grounding Could Cost More Than the 787 One, Suspension of Deliveries Remains Real Risk
On March 10, 2019, a 737 MAX 8 operated by Ethiopian Airlines crashed; this is the second 737 MAX 8 hull loss within the past six months. As it's unclear what brought down the flight, we're not including in our model costs that Boeing could incur redesigning aspects of the MAX and we're also not assuming any airline compensation. We'd note that the 787 grounding in 2013 might have cost Boeing $500 million and given the larger 737 MAX fleet size, we think MAX groundings could cost more than this....The Boeing is an aerospace firm. The company's segments include: Commercial Airplanes, which develops, produces and markets commercial jet aircraft and provides fleet support services, mainly to the commercial airline industry; Defense, Space and Security, which engages in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility, vertical lift, and commercial derivative aircraft; Global Services, which provides supply chain and logistics management, pilot and maintenance training systems and services, and data analytics and digital services; and Boeing Capital, which manages overall financing exposure.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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