LOT may be in trouble because of Boeing

 Boeing's supervisory board has decided to temporarily suspend production of the 737 Max. The biggest aircraft, which was supposed to be the symbol of the new opening at the Seattle giant has been grounded since March 2019 after a total of 346 people were killed in the crash of two 737 Max aircraft.

In April, the production of new models was reduced by one-fifth, which has already resulted in losses of several billion dollars. Boeing has had to postpone the possible date of return to using this model aircraft several times, but the US regulatory authority, as well as institutions from other parts of the world, raise further doubts about the proposed changes that would prevent machine failures.

Boeing is the largest industrial producer in the US and the discontinuation of Max production will hit around 600 suppliers and the entire US economy. The company has contracts to deliver 4,500 aircraft models for the next seven years. Boeing also already has about 400 completed aircraft that are waiting in the company's parking lots – that's more than 383 already delivered.

The Polish national carrier LOT Polish Airlines also suffers from problems with Max. Currently, LOT owns five grounded Boeings, and it has another ten ordered.
(300gospodarka)