It is by far the fastest selling jet in Boeing’s history with close to 5’000 on order. At USD45-50m per unit, it promises airlines with up to 20%  more efficient than any other single-aisle plane. Even at 10% fuel saving as reported by others it is still an enormous amount of money at today’s competitive environment.  To top it up, it also reduces CO2 emissions by 20% compared to the previous model.  But all these comes to a sudden halt with the two fatal accidents that  scramble the plane maker to restore confidence in the safety of its fastest-selling plane.

With thousands of flights canceled due to the grounding of the MAX, airlines started to cancel orders. It is estimated that the grounding of MAX will cost the airlines up to USD 4bn in sales by end of this year, according to OAG, an airline-data firm.

 

While many are still putting hope the FAA will give the green light for the MAX to fly again with intensive certification test been carry out by Boeing. With jet fuel prices twice as high a decade ago, the MAX is still something to be recon with and potentially making global travels feasible beside the USD 600bn order book. As for the latest update, Boeing is expected to increase the production of MAX from 42 a month to 57 a month should it able to return to service by the fourth quater.