Two ‘Black Swan’ cataclysms leave Boeing facing uncertain future as 737 Max grounding hits one-year mark

AUSTIN, Texas — The extended grounding of Boeing’s 737 Max, which this week passes the one-year mark, has made the jetmaker’s future tough and uncertain. Now the global spread of the coronavirus — which has rapidly slashed demand for air travel and for jets — will complicate its efforts to recover.At an aviation conference in Austin early last week, industry veterans struggled to analyze the impact of these two “Black Swan” events — unpredicted developments that each delivered an existential shock.Like most attendees, Adam Pilarski, veteran aviation analyst at consulting firm Avitas, was optim…

Read More