Tag Archives: 737 Max

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Planemaker giant Boeing takes $5bn hit over grounding of 737 Max

07 July, 2019 9:43 am 9:43 am

NEW YORK (Web Desk) – Boeing is taking a $4.9bn hit to cover costs related to the worldwide grounding of its 737 Max aircraft. The charge is set to wipe out profits when the world’s biggest planemaker posts quarterly results next week. In a statement, Boeing also said its “best estimate at this time” is … Read More

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Boeing 737 MAX joint governmental review will begin April 29 – FAA

04 April, 2019 8:24 am 8:24 am

WASHINGTON (Reuters) – The US Federal Aviation Administration said that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include 9 other aviation regulators from around the world. The FAA said earlier this month it was forming an international team to review the safety of the … Read More

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American Airlines extends Boeing 737 MAX flight cancellations through April...

03 March, 2019 11:41 pm 11:41 pm

AUSTIN (Reuters) – American Airlines said Sunday it will extend flight cancellation through April 24 because of the grounding of the Boeing 737 MAX after two fatal crashes since October and cut some additional flights. American, the largest US carrier, said it is cancelling about 90 flights a day. American is the second-largest US operator … Read More

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Europeans join wave of Boeing suspensions

03 March, 2019 10:28 pm 10:28 pm

ADDIS ABABA/PARIS (Reuters) – Major European nations Britain, Germany and France joined a wave of suspensions of Boeing 737 MAX aircraft on Tuesday as US President Donald Trump fretted over modern airplane design following a crash in Ethiopia that killed 157 people. Suspension by respected European regulators was the worst setback yet for US planemaker … Read More