Airplanes and Accounting Games: The Coming Boeing Collapse?
1) The problems with the 737-MAX are fixable and will be fixed (either in a new airplane name by branding, or with time as people trust the new MAX variant again)<p>2) We can&#x27;t discount all the revenues generated by defense spending, both by the US and abroad. That&#x27;s a non-trivial amount of Boeing&#x27;s income.<p>3) The US Gov&#x27;t may not allow Boeing to fail for National Security reasons. Both as a major Defense Contractor, and as the sole producer of domestic airliners. (that is, if Boeing is even in a position to fail)<p>I think the 737-MAX issues are bad, but not bad enough to destroy the company. The 737 airframe has been the workhorse for decades, and I don&#x27;t see that changing soon. Major airlines operating the 737 variants will just continue to use the perfectly good 737-700,800 and 900 variants until something new and fixed comes out.