Breaking: Boeing to Recommend 737 Max Simulator Training - Reports

Jan 07, 2020

Back Stock Market

Boeing (NYSE:BA) will recommend simulator training for its 737 Max jetliner in an effort to get the plane flying again after grounding, according to published reports.

Boeing (NYSE:BA) will soon inform airlines it will recommend pilots undergo simulator training for the 737 Max, which has been grounded since March after two deadly crashes. The FAA is already aware of Boeing’s decision.

The company designed the 737 Max in part to avoid simulator training, The New York Times reported, and the move is another setback for the company in the saga of the plane’s problems that cost the CEO his job recently.

Shares of Boeing (NYSE:BA) remained in positive territory, rising 1.2%, but were well off the highs of the day. The stock had been bid up earlier on market chatter about possible activist investor interest, Briefing.com reported.

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