Shares of the world’s biggest plane maker have fallen nearly 15% since the fatal crash of an Ethiopian Airlines 737 MAX jet in March, erasing about $40 billion in market valuereported that the Federal Aviation Administration expects to approve 737 MAX jets to return to service as soon as late June.
The stock has also been among the worst performers on the S&P 500 index and the Dow Jones Industrial Average. “The dialogue is shifting more towards when the aircraft can get back into service as opposed to if,” Morgan Stanley analyst Rajeev Lalwani wrote in a note.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: Public Protector release reports - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Public Protector Busisiwe Mkhwebane is releasing a number of investigation reports at a media briefing in Pretoria.
Source: SABC News Online - 🏆 32. / 51 Read more »
Old Mutual suspends CEO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Old Mutual has suspended its Chief Executive Officer (CEO) Peter Moyo.
Source: SABC News Online - 🏆 32. / 51 Read more »
SARB to announce repo-rate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Reserve Bank’s Monetary Policy Committee will announce its repo-rate decision on Thursday and most economists expect the five member committee to keep rates unchanged. sabcnews
Source: SABC News Online - 🏆 32. / 51 Read more »
Repo rate unchanged at 6.75% - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Reserve Bank has decided to keep the repo rate unchanged at 6.75%. Reserve Bank Governor Lesetja Kganyago announced the benchmark rate at a media briefing in Pretoria a short while ago.
Source: SABC News Online - 🏆 32. / 51 Read more »
Land Party premier candidate resigns - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Land Party says its Premier candidate, Loyiso Nkohla, has resigned to avoid being expelled from the party. So early 😲
Source: SABC News Online - 🏆 32. / 51 Read more »