737 MAX planes have been grounded worldwide since March causing Boeing customers hundreds of millions of dollars in lost revenues due to flight cancellations. #737MAX
The announcement raised Boeing shares by 3 percent in Monday afternoon trading.
Boeing 737 MAX deliveries are expected to resume in December while airlines can restart commercial service of the plane model in January, the jet’s manufacturer said on Monday.
The company based the announcement on the approval by regulators of its fix to the MAX’s flight control program which was linked to two deadly plane crashes in October 2018 and March.
The software was tested on a flight simulator in the presence of Federal Aviation Administration of the U.S.
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The next steps after the test is the training of pilots and the holding of a certification flight with officials.
The announcement raised Boeing shares by 3 percent in Monday afternoon trading.
737 MAX planes have been grounded worldwide since March causing Boeing customers hundreds of millions of dollars in lost revenues due to flight cancellations.
