Boeing reduced the number of single-aisle aircraft it produces monthly in the Seattle area from 52 to 42 following the second crash in Ethiopia while suspending deliveries of the aircraft to airlines, which cuts off fresh cash infusions and hits margins.
ATLANTA: In the days after a Boeing Co 737 Max 8 jet plunged into Indonesia’s Java Sea last October, company officials said they were moving quickly to update plane software suspected in the crash.
Six months and a second Max 8 disaster later, Boeing has yet to submit its fix to regulators. Last week, pilots and its airline customers left a Federal Aviation Administration (FAA) meeting with no idea when the grounded model would fly again. “We’ve taken off our watches and put the calendars in the drawer,” American Airlines pilot Dennis Tajer said after the meeting.
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