The Economics That Made Boeing Build the 737 Max

The infamous 737 Max is now grounded and considered a liability, but this was not always the case. What made Boeing design this particular airplane? Wendover Production explains the economics behind this ill-fated airplane in this┬ávideo. Part of the reason is that airlines would rather have a cheap small plane than an expensive super efficient small plane. The 737 is just that: a cheap small plane. Priced at just $89 million, the now doomed plane was considered a great deal. This is because Boeing had perfected the 737 manufacturing process…

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