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"System Not Broken" After Boeing 737 MAX Crashes: Report

Saturday, September 28, 2019, 7:51 AM

The U.S. Federal-Aviation-Administration process for certifying new airplanes is not broken but needs to be improved, the chair of an-international-panel of air-safety regulators, tasked to review Boeing Co's 737 Max, said. Speaking on the sidelines of an event at a New-York City college, Christopher Hart, chair of the multi-agency panel, said there was no need to question the agency's overall way of certifying airplanes.
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Boeing sinks to $3 billion loss after grounding 737 MAX jets

Wednesday, July 24, 2019, 9:08 PM

Boeing Co reported nearly $3-billion second-quarter loss as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares lower in early trading. The company has cut-production of its flagship single-aisle aircraft and it booked a charge of nearly $5-billion in the quarter in the wake of the worldwide grounding following fatal crashes in Ethiopia and Indonesia.
 
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Boeing Says It's Open To Changing The Name Of Grounded 737 Max Jet

Tuesday, June 18, 2019, 9:16 AM

Boeing is open to dropping the "Max" branding for its latest 737 jetliner, depending on an assessment of consumer and airline responses to an aircraft name that's been tarnished by two fatal crashes and a three-month grounding. "I'd say we're being open-minded to all the input we get," Chief Financial Officer Greg Smith said Monday in an interview on sidelines of Paris Air Show.

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