The Federal Aviation Administration on Monday asked for public comment on the changes it expects to require to the plane linked to two fatal crashes.
The agency “has preliminarily determined that Boeing’s proposed changes to the 737 Max design, flight crew procedures and maintenance procedures effectively mitigate the airplane-related safety issues” revealed in the crashes, it said in a summary report it included with the proposal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BUSINESS MAVERICK: Tito Mboweni reappoints Reuel Khoza to the PIC boardThe other 13 members of the previous board have also been reappointed for 15 months after their term expired on 31 July 2020. The reappointed board – supported by former Constitutional Court Justice Yvonne Mokgoro – will continue implementing the recommendations of a commission of inquiry into the PIC’s governance affairs.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Commodities’ Covid-19 conundrum: Miners have mixed results, oil majors sinkA tale of two commodities asset classes has broadly emerged under the Covid-19 pandemic. Big-league miners such as Anglo American have had a hit in profits while weathering the storm. By contrast, oil majors have had to make massive asset write-offs as their earnings sink like stones.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Covid-19 Insurance Fiasco: Some disasters can create opportunitiesPublic sentiment is overwhelmingly in support of the hundreds of restaurants and hospitality businesses denied cover by their insurers. Business Maverick chats to the main man in their corner, and asks him what is public loss adjusting anyway?
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: The Rich Still Want to Buy Their Ferraris: Chris HughesCovid-19 has affected the production and delivery of luxury cars, but not demand from the wealthy to acquire them, as analysts have noted. The financial impact of the virus on Ferrari NV’s performance is, for now, looking like only one quarter of lost earnings. Management has handled the crisis well.
Source: dailymaverick - 🏆 3. / 84 Read more »