Sunday's jet crash marks a major setback for Ethiopian Airlines and Boeing, which has relied on the success of emerging-market carriers to fuel its growth
The crash of a popular Boeing Co. airliner Sunday marks a major setback for Ethiopian Airlines and the plane maker, which has relied on the success of emerging-market carriers to fuel its growth in recent years.
The state-owned airline is among the early operators of Boeing’s new 737 MAX single-aisle workhorse aircraft, which has been delivered to carriers around the world since 2017. The 737 MAX represents about two-thirds of Boeing’s future deliveries and an estimated 40% of its profits, according to analysts.The plane crashed en route from Addis Ababa to Nairobi on Sunday, killing all 157 aboard.
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