Boeing Co will take to settle a newly recognized problem on its rescinded 737 MAX, a company official told media, meaning the workhorse jet’s return to service will be detained until October at the earliest, crucially longer than most airlines had expected.
Boeing allocates closed 3% lower on Thursday after the Chicago-based company told air carriers that it would fix the latest software modification for the 737 MAX by September after a new issue arose last week during a controlling test.
That is later than most airlines had assumed; US Airlines Chief Executive Doug Parker said on 12th June, it was highly recommended flights would resume by mid-August. Most airlines have taken the MAX off their schedules until early September.
Once Boeing represents the modification, the US Federal Aviation Administration must review the fix and the outcomes of a certification test flight which will not be scheduled until at least September, a proceeding that will take at least two to three weeks. The latest timeline means the aircraft is not supposed to resume flying commercially until at least October, leading to thousands of more flight cancellations.
Southwest Airlines Co has said it will require 30 days after the Federal Aviation Administration approval before it can resume flights. The Federal Aviation Administration refused to comment Thursday on the timeline but said on Wednesday it is “ following a thorough process, not a prescribed timeline, for returning the Boeing 737 MAX to passenger service. The FAA will lift the aircraft’s prohibition order when we deem it is safe to do so.”
Boeing is tussling with the fallout of two crashes of its 737 MAX jet within five months, murdering a joint 346 people and triggering a worldwide grounding in March and a dispatch of prosecution.