Boeing posted a second-quarter loss due to the grounding of the 737 Max after two fatal crashes but offered little detail on when the plane could return to the skies.
The manufacturer posted a second-quarter loss due to the grounding of its best-selling plane.Boeing 737 MAX airplanes are stored in an area adjacent to Boeing Field, on June 27, 2019 in Seattle, Washington. After a pair of crashes, the 737 MAX has been grounded by the FAA and other aviation agencies since March, 13, 2019.
Crash investigators implicated a piece of flight-control software in both air disasters that repeatedly pushed the nose of the planes downward. A total of 346 people were killed in the two crashes. Boeing has developed a software fix but hasn't yet submitted it to the Federal Aviation Administration.
"Disciplined development and testing is underway and we will submit the final software package to the FAA once we have satisfied all of their certification requirements," Boeing said. "Regulatory authorities will determine the process for certifying the MAX software and training updates as well as the timing for lifting the grounding order."
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