The grounding of the Boeing 737 MAX 9, how much impact will it have on the world's aviation industry?After takeoff, the cabin suddenly exploded, and 171 aircraft were grounded. The Federal Aviation Administration (FAA) has issued an order requiring all Boeing 737 MAX 9 aircraft operated by American airlines or operating within the United States to be temporarily grounded and subject to safety inspections.
Why is that?How much of an impact?Let's take a look at the details. According to the Associated Press, a Boeing 737 MAX 9 of Alaska Airlines blew up its cabin shortly after takeoff, blowing up a window and part of the fuselage, forcing the pilot to make an emergency landing.
The accident resulted in the temporary grounding of 171 Boeing 737 MAX 9 airliners. The Boeing 737 MAX 9 has sold 218 aircraft worldwide to date, most of which are in service with Alaska Airlines and United Airlines.
The Boeing 737 MAX was subsequently grounded in many countries and regions around the world for nearly two years. Since the grounding of the aircraft in March 2019, Boeing's share price has risen by more than 40%, while Airbus's share price has increased by 25%.
Although Chinese mainland airlines have not received 737max9 aircraft, China is an important market for Boeing, and China's decision on Boeing will also have a significant impact on Boeing. In July 2019, China's three major airline groups ordered 292 Airbus aircraft, which had a huge impact on Boeing.
Although the Civil Aviation Administration of China has agreed to the resumption of the Boeing 737 MAX, the incident is bound to have a significant impact on Boeing. How Boeing will respond to this problem, and how aviation regulators will act, will be the focus of attention for the world's aviation industry.