Boeing 737 makes up 80% of company’s $400 billion in orders
Ethiopian Airlines Flight ET302 is the second catastrophic crash of a nearly brand-new Boeing 737 MAX airliner in four months.
Regulatory agencies in China, the United Kingdom, Australia, Singapore, Indonesia, and Ethiopia have all grounded the 737 MAXs operating within their jurisdiction.
Airlines including Norwegian Air, AeroMexico, Jet Airways, and Gol have also grounded their MAX fleets.
The Boeing 737 program represents 80% of Boeing’s order backlog.
The latest version of the plane dubbed the 737 MAX, is the fastest selling version of the series, racking up roughly 5,000 orders.
Boeing Commercial Airplanes, the company’s airliner division, has a backlog 5,870 planes valued at more than $400 billion.
As it currently stands, the 4,699 yet-to-be-delivered 737s represent 80% of that backlog.
Business Insider