Business Maverick: Boeing’s Max Comeback

The U.S. Federal Aviation Administration is on track to certify redesigned flight-control software by mid-December, Boeing spokesman Gordon Johndroe said Monday in an email. That could enable the planemaker to begin shipping new jets that have been stashed across the Pacific Northwest and Texas during a flying ban imposed in March after two crashes killed 346 people.

“We continue to see the global average Max RTS in March 2020,” Bank of America Corp. analyst Ron Epstein said in a report, using an acronym that stands for “return to service.” He cited “the high level of coordination required between the FAA and other global aviation regulators” for the timetable. “I’m still not highly confident about a mid-December ungrounding date,” Southwest Chief Executive Officer Gary Kelly said in a weekly message to employees before Boeing’s statement. “We obviously need to give the FAA the time that they need to do their job and support them every way we can.”

“As time goes by, the more confident I am that we’re on a path to getting that airplane back in the air,” Kelly said.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Business Maverick: JP Morgan’s Dimon Laments Income Inequality, Won’t Assail CEO PayJP Morgan Chase & Co.’s billionaire Chief Executive Officer Jamie Dimon called US income inequality a “huge problem,” but he stopped short of saying America’s top executives were being paid too much.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Business Maverick: November 11: Five Things You Need to Know to Start Your DayAlibaba’s Singles’ Day is off to a flying start, the Hang Seng Index is showing signs of strain, and only those loyal to Beijing need to apply for Hong Kong’s chief executive position. Here are some of the things people in markets are talking about today.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »