with the company's grounded 737 Max aircraft. While the international aviation body said it trusts the FAA, it said U.S. regulators need to work in step with international regulators, as "aviation cannot function efficiently without this coordinated effort." The IATA's statement followed its summit in Montreal about the 737 Max, with representatives of over 40 airlines, regulators and other companies attending.
Pressure on Boeing's stock has mounted since Wednesday afternoon, when the FAA said it had found a new issue with the 737 Max aircraft. In a note to investors, Bank of America called the announcement another "software hiccup" for Boeing but "not all that surprising." With the new delay, the best-case scenario for the first certification flight of the 737 Max is the second week of July, according. But Bank of America said it expects to see the 737 Max grounded for an additional six to nine months.
...that aircraft should never ever return to service. It is flawed, and the system controls developed to counter the design problems are a clear warning that the plane is unsafe. FAA has failed, Boeing has failed....and caused two planefuls of souls to perish.
Way further to go. SELL.