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The Boeing 737 MAX remains grounded at least until 2020

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Boeing, 737 MAX aircraft may not see more "clear sky" by 2020. The company is still working on troubleshooting software problems that occurred last month.

The aircraft is expected to fly again in January 2020 in the best scenario. Since the circumstances are quite variable, there is no definite deadline. Earlier, the American Airlines Group said it would keep its planes on the ground by November 2, making it the fifth change in graphics. United Airlines Holdings is also removing flights from 737 MAX this week at least until November.

Boeing will not recommend 737 MAX for FAA certification until all the requirements for this process are fully covered and until it is safe enough for MAX to return to the runway.

After the global flight ban on 737 is lifted, US companies will need a few weeks to prepare re-deployed planes for civilian resumption.

Source: Bloomberg Finance L.P.


 Trader Martin Nikolov

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