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FAA tightens grip on Boeing with plan to individually review each new 737 Max jetliner - TL;DR CNBC

FAA tightens grip on Boeing with plan to individually review each new 737 Max jetliner

Publishing timestamp: 2019-11-27 13:42:30


Summary

The FAA plans to inspect each Boeing 737 Max plane individually before certifying them for flight, adding to the already delayed certification process. Boeing expects approval this year but the FAA has no set timeline. Boeing welcomes oversight but shares were down in morning trading. Airlines have lost millions due to grounding of 737 Max planes.


Sentiment: MIXED

Tickers: UALLUVAALBA

Keywords: federal aviation administrationsouthwest airlines codelta air lines incboeing coaerospace and defense industrytransportationtravelbusinessunited airlines holdings incamerican airlines group incbusiness newslifebreaking news: business

Source: https://www.cnbc.com/2019/11/27/faa-tightens-grip-on-boeing-with-plan-to-individually-inspect-max-jets.html


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