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Just two weeks ago, U.S. regulators cleared Boeing's 737 Max to fly following the deadly crashes of two of the planes in 2018 and 2019. Now Boeing is reporting an order for 75 of the aircraft.
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An investigation into the troubled plane's development and certification finds a "disturbing pattern" of Boeing design flaws, management failures and "grossly insufficient oversight by the FAA."
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More than a year after the plane's grounding because of two deadly crashes, the FAA began a series of certification flights Monday, a big step toward allowing the 737 Max to fly passengers again.
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Boeing statement: "The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company." More than 300 people have died in Boeing 737 Max plane crashes.
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Spirit AeroSystems said Friday it will suspend production of the 737 Max beginning Jan. 1. The company says Boeing ordered Spirit to halt all 737...
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The aircraft giant is the top U.S. exporter, and its decision to suspend production of the 737 Max is likely to ripple through the supply chain. Several analysts project that the move will cut growth.