Tag: Boeing MAX

Two major US airlines have once again extended their Boeing (BA) 737 MAX grounding periods due to rising uncertainties over Boeing gaining safety approval.

Combined, Southwest Airlines and American Airlines estimate that the Boeing 737 MAX aircraft grounding will cost them approximately $1 billion this year.

Indonesian investigators have identified design flaws and mechanical issues in Boeing’s 737 MAX aircraft as the reason for the deadly Lion Air crash.

Indonesian investigators have identified some of the causes of the Boeing (BA) 737 MAX Lion Air crash on October 29, 2018.

American Airlines (AAL) stock rose 5.6% last week. There was continued momentum in American Airlines shares.

Boeing received positive news today. The aircraft manufacturer unveiled that it had received new orders for its twin-aisle wide-body 777-300ER aircraft.

Today, Reuters reported that Boeing (BA) is aiming to make certain structural changes to improve its feedback mechanism for safety concerns.

Boeing stock survived the market sell-off on August 23. It gained on the day in anticipation of its troubled 737 MAX jets flying once again in October.

Boeing (BA) stock closed 4.2% higher yesterday on news of its production ramp-up plan for its troubled 737 MAX planes.

Boeing plans to hire hundreds of temporary staff to help get the grounded 737 MAX planes ready for delivery. The company is waiting for regulatory safety approval.