Jet Funding May Add to Boeing’s $100 Million-a-Month Max Pain
- There are 37 Max aircraft in five outstanding deals, DB says
- Costs for Boeing would be on top of other financial hits
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Boeing Co.’s 737 Max fiasco could make the aircraft maker liable for planes bundled into debt, adding to total costs the company may incur in the aftermath of the Ethiopian Airlines crash.
Customers of the company could demand Boeing compensate them for the ongoing financing of their Max aircraft if the jets aren’t deemed airworthy, according to Deutsche Bank. That could be an issue after regulators worldwide grounded the plane last week. Several airlines have bundled their planes into debt instruments known as enhanced equipment trust certificates, common in the industry.