Boeing (BA) confirms FAA asked it to address specific condition of flight planned software changes do not presently address
Get Alerts BA Hot Sheet
Price: $169.18 -0.76%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 2.4%
Revenue Growth %: -7.9%
Overall Analyst Rating:
NEUTRAL ( Down)
Dividend Yield: 2.4%
Revenue Growth %: -7.9%
Join SI Premium – FREE
Boeing (NYSE: BA) disclosed:
The Federal Aviation Administraion has asked The Boeing Company to address, through the software changes to the 737 MAX that the company has been developing for the past eight months, a specific condition of flight, which the planned software changes do not presently address.
The Boeing Company agrees with the FAA's decision and request, and is working on the required software to address the FAA's request.
Boeing will not offer the 737 MAX for certification by the FAA until we have satisfied all requirements for certification of the MAX and its safe return to service.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing (BA) Said It Expects A Slower Increase In Rate Of 787 Production And Deliveries Due To Supplier Shortages On A "Few Key Parts" - Reuters
- Truist Financial Corp. (TFC) shareholders elect Laurence Stein to board of directors
- HCI Group (HCI) Enters Five-Year Employment Agreement with CEO Patel
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!