Southwest airlines' fleet is made up of Boeing 737s, and it's had to cancel thousands of flights as a result of the grounding. It is the largest customer of the planes in the U.S. and had 34 in its fleet with another 200 more on order at the time of the grounding in March. Southwest's shares are up approximately 25% year-to-date.detailing that engineers raised concerns about the 737 Max's faulty MCAS flight-control system before two crashes that killed 346 people.
Southwest said it's unable to provide updated first quarter guidance for 2020 due to cancellation extension, the airline said. Southwest's shares were little changed following the decision, while Boeing's shares dipped by about 1% in midday trading.
lesliejosephs Which March?
It’s not just a software fix to make MCAS to work. It’s got to do with the aerodynamic structural design of 737MAX.
SW was my airline until Boeing pulled this criminal stunt. Capitalism, Enjoy.
I thought they said it would be back in service by Q4? They wouldn't just lie about that would they? ..........
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