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  • What 737-MAX Groundings Mean for Durable Goods

    From www08.wellsfargomedia.com Story is in PDF Format

    Whether from the Defense Department or from private airlines, aircraft orders are usually a big swing factor in overall durable goods orders. With news this week that the U.S. Federal Aviation Agency (FAA) joined its counterparts around the world grounding the 737-MAX and Boeing halting deliveries, we consider the potential implications for durable goods orders and equipment spending. The groundings apply only to the 737-MAX, the most recent generation of the worlds best-selling aircraft. Since the first shipment in May 2017, Boeing has delivered just 376 of the aircraft in question, though the total number of orders ... (full story)