FAA head: Boeing 737 MAX will not fly until it's safe

Monday, 12. August 2019 20:05

New Federal Aviation Administration (FAA) head Stephen Dickson said on Monday the Boeing 737 MAX will not fly until he is "completely assured" that it is safe. The administrator pointed out that there is no timeline the FAA set to return Boeing's grounded plane to service.

Boeing has been trying to give airlines and investors a date to take into account for the return of the 737 MAX. The aircraft-maker failed to get any new orders for the 737 MAX from May to June this year and it reported a $4.9 billion charge due to the 737 MAX grounding. Boeing's 737 MAX was grounded worldwide earlier this year after the Ethiopian Airlines flight 302 crash in March which killed all 157 on board.

On the New York Stock Exchange on Monday, Boeing stocks were 1.08% lower are 11:46 am ET. The shares fell 18.66% over the past six months.

Related Links: Boeing Company
Author:
Breaking the News / VP