New York (CNN Business)Boeing remains competitive with its biggest rival, Airbus, even as Boeing faces one of its worst crises ever.
After two fatal crashes in five months, Boeing’s bestselling 737 Max was grounded two weeks ago. Chinese airlines ordered 300 Airbus jets on Monday — a big win for Airbus and a defeat for Boeing. The 737 Max competes directly with Airbus’ A320, which made up the bulk of the Chinese airlines’ purchase.
But Boeing and its 737 Max plane will make out OK in the end.
