Boeing pushes back target date for fixing 737 Max as coronavirus hinders progress [CNBC]
Boeing Company (The) (BA)
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Source: CNBC
Boeingcoronavirus pandemicThat is a slight, but notable, shift from Boeing's earlier plan to have the beleaguered plane cleared by the Federal Aviation Administration in the middle of this year. "The Covid-19 crisis is complicating the process, but we're making good progress and focused on managing scheduling risks as they arise. All of course, subject to ongoing regulator oversight," a Boeing spokesperson told CNBC.The Wall Street Journal first reportedThe 737 Max has been grounded since March of 2019, following two crashes that killed a total of 346 people. Boeing executives have repeatedly set target dates for the plane's return, only to push them back as regulators detected new issues that needed to be fixed.CEO Dave Calhoun in January said the planewould not be recertified until the middle of 2020suspended production of the MaxCalhoun has maintained in recent months that Boeing engineers are making progress clearing up issues with the Max. His strategy follows a more aggressive t
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BA
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- 10/29/25 - Miss
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- 12/3/25 - Form 4
- 12/3/25 - Form 4
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- BA's page on the SEC website