Thursday, February 25, 2021
Home Uncategorized Boeing losses continue to mount amid Covid-19 crisis & 737 MAX fiasco

Boeing losses continue to mount amid Covid-19 crisis & 737 MAX fiasco

Also on rt.com

Boeing 737 Max airplanes on the tarmac in Seattle, US
Boeing is broken in more ways than one – pilot spokesman tells Boom Bust

The Federal Aviation Administration is expected to lift its March 2019 grounding order on the 737 MAX as soon as next month, pending approval of software and training changes. That means the jet could return to service in 2021.

Earlier this month, the European Union Aviation Safety Agency (EASA) declared the 737 MAX aircraft safe to fly, announcing that the grounded aircraft could return to the region’s skies before the end of the year.

READ MORE: Europe’s aviation regulator says Boeing’s troubled 737 MAX is safe to fly again, but US’ FAA holds back on decision

Once Boeing’s best-selling passenger plane, the 737 MAX is now apparently being rebranded as the 737-8. The aircraft has been grounded for over a year, after two fatal crashes less than six months apart in Indonesia and Ethiopia killed 346 people. In both cases, new flight control software caused the aircraft to unexpectedly nosedive shortly after takeoff.

The tragic incidents prompted widespread concerns over technical flaws and quality control at Boeing, as well as appropriate training for pilots to fly the 737 MAX. US lawmakers investigating the company last year accused it of concealing information about the aircraft from regulators during the approval process.

For more stories on economy & finance visit RT’s business section

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Loveth Okpaga – Oluebube Gi

Fast-rising gospel music artist and songwriter, Loveth Okpaga releases new single titled “Oluebube Gi“. This song expresses the glorious works of God towards mankind, how unexplainable His...

Phreddy – HOLYGORISE

  PHREDDY ON HOLYGORISE MAKE SOME NOISE!!! It’s a Holy Ghost Party as Phreddy comes through with a banging new track setting the pace for a...

The birth of Unicoin ( UCN ) A cryptocurrency created with Africa and the whole world in mind.

  The birth of Unicoin ( UCN ) A New cryptocurrency created with Africa and the whole world in mind. Warning: This is unlike any other...

HAGGLEX- THE PATHWAY TO FINANCIAL SUCCESS

  It is now time to live above financial challenges/struggles. With your purchase of HAG Cryptocurrency you have automatically joined the pathway to financial freedom/multiple...

Recent Comments