Is Boeing too big to fail?


The grounding of the 737 MAX for more than four months after two deadly accidents has tarnished Boeing’s reputation, but it still has the confidence of US policymakers, reports BSS/AFP.

This is despite the fact that one of the MAX flight systems, the MCAS, has been cited in both accidents. Is this an indication that the American aero space giant is too big to fail? President Donald Trump, whose mantra is “America first,” certainly criticized Boeing early in his administration over the presidential plane, Air Force One, but he has been largely silent about the recent woes.