last week for the plane's return to service from the Federal Aviation Administration before the end of the year.
The 737 Max aircraft has been grounded since March following fatal crashes in Indonesia last October and Ethiopia in March, which killed a total of 346 people., which cited sources familiar with the matter. According to these sources, Boeing management think pausing production of the aircraft to be "the most viable among difficult options" following the FAA's announcement on Thursday that the aircraft would not be allowed to return to service by the start of 2020.
In a statement on Sunday, Boeing said they will "continue to assess production decisions based on the timing and conditions of return to service, which will be based on regulatory approvals and may vary by jurisdiction,"Earlier this year Boeing CEO Dennis Muilenburg warned of the possibility of "unexpected delays or issues" and said that Boeing would consider reducing or suspending production of the 737 Max aircraft if it remained grounded past the projected timeline, David...
Source: News Formal (newsformal.com)
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Source: CNN - 🏆 4. / 95 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »
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