Buy
Sell
Share Name Share Symbol Market Type
Boeing Company (The) NYSE:BA NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -$5.97 -1.66% $352.78 $357.57 $351.75 $357.22 3,836,716 22:56:50

Boeing Faces More FAA Requests

17/05/2019 12:20pm

Dow Jones News


Boeing (NYSE:BA)
Historical Stock Chart

1 Month : From Apr 2019 to May 2019

Click Here for more Boeing Charts.
By WSJ City 

Boeing has completed a software fix for its 737 MAX jets, but faces requests for additional information from US regulators, the company said.

KEY FACTS

   -- The FAA requested details about how pilots interact with cockpit controls 
      and displays in different flight scenarios under the revised software. 
 
   -- Once Boeing addresses the requests, it said it would work to schedule a 
      certification test flight and formally submit final documentation for 
      approval. 
 
   -- Although Boeing doesn't anticipate the requests will require more work or 
      significant time, there have already been a string of delays. 
 
   -- Further delays could add to headaches for airlines that have already 
      taken the 737 MAX out of schedules. 
 
   -- Boeing is conducting conferences for airline customers around the world 
      about the MAX changes. 
 
   -- The FAA will host a meeting of global regulators on May 23 in Texas on 
      the same topic. 

Why This Matters

The 737 MAX fleet has been grounded since March. Countries around the world prevented the plane from flying after a second aircraft crashed on March 10 in Ethiopia, following an accident in Indonesia less than five months earlier. The accidents together took 346 lives.

What They Said

"We are expecting additional information we requested," an FAA spokesman said, adding that "this process will require as long as it takes to ensure the aircraft is safe and returned to service."

"We're committed to providing the FAA and global regulators all the information they need, and to getting it right," Boeing CEO Dennis Muilenburg said.

A fuller story is available on WSJ.com

WSJ City: The news, the key facts and why it matters. Be deeply informed in less than five minutes. You can find more concise stories like this on the WSJ City app. Download now from the App Store or Google Play, or sign up to newsletters here http://www.wsj.com/newsletters?sub=356&mod=djemwsjcity

 

(END) Dow Jones Newswires

May 17, 2019 07:05 ET (11:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Boeing Chart

1 Year Boeing Chart

1 Month Boeing Chart

1 Month Boeing Chart
Your Recent History
NYSE
BA
Boeing
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20190522 23:37:51