March 19, 2019, © Leeham News: The impact of the grounding of the 737 MAX to Boeing will hurt, but the effect likely will be short term.
The most recent grounding of an airliner was the 2013 grounding of the 787. This cost Boeing an estimated $500m over the course of the three month grounding. A hardware fix had to be designed to contain battery fires. Installation in the field for 50 aircraft was required. Compensation to operators was necessary.
There are more than 370 MAXes grounded. Norwegian Airlines and Spice Jet already publicly said they will demand compensation. Deliveries are suspended.
This grounding should be much shorter than was the 787.
May 23, 2016, © Leeham Co.: Malaysia Airlines MH370. Air Asia 8501. Egyptair 804.
Three passenger flights lost over the oceans. One, MH370, remains undiscovered to this day. Air Asia took a couple of weeks to locate. Egyptair debris took about 36 hours. The black boxes are still missing from MH370. Once the Air Asia wreckage was discovered, the boxes were recovered fairly quickly. According to media reports, the black boxes of 804 have been “generally” located, but Egypt has dispatched a submarine to more precisely locate them.
The absence of real-time data transmission from the Flight Data Recorders contributed to the mysteries of what happened to these aircraft and spurred wild theories and conspiracies. ACARS, which does transmit data from airborne aircraft, does so at intervals–not real-time. Real-time data streaming from on board transmissions could provide immediate answers to what happened to an airliner.
May 19, 2016: (c) Leeham Co.: Investigators will look into many areas of interest, all a
matter of routine, into the disappearance and crash of Egyptair 804.
According to media reports, debris and bodies have been found in the Mediterranean Sea. The Airbus A320 disappeared on a flight from Paris to Cairo. There have been several media reports of in-flight fire observed in the sky and maneuvers of the aircraft. Russian officials and others say terrorism is likely.
LNC urges caution in drawing conclusions, however.
The following are areas of investigation: