"Airline Industry Grapples with Boeing Woes and Higher Airfares"

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Source: Reuters
"Airline Industry Grapples with Boeing Woes and Higher Airfares"
Photo: Reuters
TL;DR Summary

Despite frustrations with Boeing's safety crisis and delivery delays, airlines have limited alternatives in the tight market for large aircraft. Carriers are negotiating new plane orders to leverage Boeing's delays for better terms, using orders of one type of plane as a placeholder to possibly take deliveries of a different model. United Airlines is seeking better deals for other planes in light of Boeing's MAX 10 problem, while American Airlines secured options to convert MAX 10 orders into other models and financial compensation for delivery delays. Transitioning away from Boeing is challenging for airlines like Southwest, and Airbus' order book is full through 2030, leaving airlines with little choice but to stick with Boeing for now.

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