April 16, 2024

Boeing Says 737 Ban to Lift By End of Year

737 MAX

Boeing tells shareholders the ban on its 737 Max planes will be lifted before the end of the year. Grounded since March after two fatal crashes, 737 Max production costs rose in the quarter by almost $1 billion. The company is sticking to its plan to increase production of the planes to 57 a month by the end of 2020, up from 42 currently.