Boeing says 737 MAX should resume commercial flights in January; shares jump

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Boeing Co on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, ...

WASHINGTON: Boeing Co on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and its shares jumped as investors grew more hopeful the planemaker had addressed software problems at the heart of two fatal crashes.

American Airlines and Southwest Airlines said Friday they were pushing back resumption of 737 MAX flights until early March. Major airlines have said they will need at least a month to complete training and install revised software before flights can resume. He added that"our airline customers will need more time to return their fleets to service and to train all 737 pilots, therefore they have announced schedule updates into March."The FAA reiterated that the agency has"set no timeframe for when the work will be completed."

 

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