Title: Boeing Future Remains Unclear Due to 737 Max Scandal
Headings: Boeing's problems are mounting and things are going to get worse before they get better
Boeing's problems are mounting and things are going to get worse before they get better
Benjamin Zhang
Boeing 737 fuselages on train cars bound for the assembly line in Renton, Washington.
The Boeing 737 Max family of jets.
Design trouble
The Ethiopian Airlines Boeing 737 Max 8 that crashed on March 10.
Pilots and passengers don't trust the 737 Max
The cockpit of Boeing 737 MAX 8 aircraft in June 2018.
Boeing might need a replacement for the 737 Max
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California.
It's not all gloom and doom for Boeing

Content: Boeing admitted last week that a faulty sensor triggered the 737 Max's Maneuvering Characteristics Augmentation System or MCAS on both the Lion Air Flight JT610 and the Ethiopian Airlines plane. The system's activation precipitated nose dives that likely led to both crashes. "The 737 Max grounding and what we are learning from it shows that this is not the typical airplane accident we've seen in the past and this is not the typical airplane grounding we've seen recently," Henry Harteveldt, travel industry analyst and founder of Atmosphere Research Group, told Business Insider. " This is a very serious problem for Boeing and a big problem for the airline operators and a problem I don't think will be easy to fix." Read more: Boeing's reputation has been stained by the 737 Max, and it's going to have to fight to convince people the plane is safe. This week, Boeing investors filed a proposed class-action lawsuit in Chicago alleging the company defrauded its shareholders by failing to reveal potential safety shortcomings of the 737 Max airliner after two fatal crashes in five months. Lawyers representing the 346 victims of Lion Air Flight JT610 and the Ethiopian crash have filed multiple suits against Boeing. The Boeing 737 Max family of jets. Boeing
At the same time, the airlines whose 371 grounded 737 Max are sitting in storage collecting dust have initiated compensation proceedings to collect damages from Boeing.