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Home / World / Boeing shares rise on report 737 Max fix could be sooner than expected

Boeing shares rise on report 737 Max fix could be sooner than expected



  An American Airlines Boeing 737 MAX 8 flight from Los Angeles lands at Reagan National Airport shortly after the announcement by the FAA that the planes were grounded by the United States in Washington on March 13, 2019 .

Joshua Roberts | Reuters

An American Airlines Boeing 737 MAX 8 flight from Los Angeles landed at Reagan National Airport shortly after the FAA announced that the planes had been rooted in the United States in Washington on March 13 2019.

Boeing shares improved on Friday after a report according to which the aircraft manufacturer plans to implement a software update for its 737 MAX aircraft in the coming weeks.

Ethiopian Airlines flight 302 crashed Sunday, less than five months after the crash of the Lion Air Boeing 737 Max 8 flight from Jakarta, Indonesia, killing all 189 people on board. Both planes were new, delivered by Boeing a few months before those flights.

Of the more than 350 Boeing 737 Max jets in global fleets, 74 are operated by United Airlines United Airlines, American Airlines and Southwest Airlines, according to the FAA.

– This story is developing. Please check for updates.

– CNBC
Leslie Josephs
and Meghan Reeder contributed to the report.


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