Reputational damage, together with protectionism and rising debt, herald troubled times for America’s aerospace giant
, given uncertainty over the causes of the latest tragedy. After the crash on March 11th it reaffirmed its airworthiness. If the model remains grounded for a prolonged period, airlines may not accept deliveries of new planes. Boeing gets paid for each one on delivery, so this would hurt its bottom line.
A hardware problem would be costlier to fix—and demands for reassurance, louder. Boeing’s boosters believe that even then the long-term damage could be contained. Mr Copeland points out that the grounding of Boeing’s 787 wide-body airliner for three months in 2013, because its lithium-ion batteries kept catching fire, did little to hurt demand for the aircraft.
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