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Trading halted after Boeing doesn’t expect regulators to allow the 737 MAX to fly until June
Boeing doesn’t expect regulators to sign off on the 737 Max until June or July, people familiar with the matter said Tuesday. That date is months later than the manufacturer previously expected. The delays pose another headache for carriers who have already missed one peak travel season without the planes. Shares of the aircraft manufacturer fell on the news, falling by more than 5% in the mid-afternoon before trading was halted. (www.airlive.net) עוד...Sort type: [Top] [Newest]
......June of what year........
Trading "halted"? By what? The customary end-of-day closing of the markets?
I'm beginning to think that this FAA investigation has gone far beyond finding and resolving the design flaw and assuring it can never happen again. Its beginning to look like the destruction of a corporation by the FAA.
Reminds me of their destruction of Bob Hoover!
Or by other foreign business interests. Back to Harvard Business 101? Tom Dunne only lived to be 100.
Agreed. This sure does seem like it's taking a lot longer than it should. The MAX fixes and updates have been completed for months.
The American saga; "Building an Edsel". I used to work at Boeing; feel like it had less cronyism when I was there. Please note I was not in top management, however.
All top management in all companies should learn a valuable lesson here. Like a halibut on the table, we should all examine and dissect what has happened, and not rush to judgement, and especially, not sweep the whole thing under the carpet. Edsels and Maxes have a valuable training aspect, there is no denying this. The engines DID NOT fit the plane; forget computer correction, let's just STOP.