Boeing expects to resume 737 Max deliveries in December and commercial service green light in January
Publishing timestamp: 2019-11-11 16:51:43
Summary
Boeing expects to resume deliveries of its grounded 737 Max planes as early as next month, causing a jump in shares. Airlines may be able to restart commercial service in January, but delays have prompted Southwest and American to remove planes from schedules until early March. Regulatory approval is still pending, with Boeing facing criticism over design flaws. Airlines are seeking compensation for revenue losses due to the grounding.
Sentiment: MIXED
Keywords: boeing co, federal aviation administration, business, national transportation safety board, american airlines group inc, airlines, southwest airlines co, breaking news: business, business news, aerospace and defense industry, transportation, dow jones industrial average,
Source: https://www.cnbc.com/2019/11/11/boeing-expects-to-resume-737-max-deliveries-in-december.html