NVDA - Wall Street Breakfast: Boeing Looks To Turn A Page

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Boeing looks to turn a pageIt's the day Boeing (NYSE:BA) has been waiting for after nearly two years of investigations, corporate upheaval and a standoff with global regulators. FAA Administrator Steve Dickson is expected to sign an order today lifting the flight ban on the 737 MAX - once Boeing's hottest-selling jet - as well as an airworthiness directive requiring new pilot training and software upgrades. A stall-prevention system called MCAS was faulted in the 737 MAX crashes in Indonesia and Ethiopia that killed 346 people in 2018/2019 and triggered a crisis that cost Boeing some $20B and tarnished its reputation. Resuming deliveries will open up a crucial pipeline of cash for Boeing and hundreds of parts suppliers whose finances were strained because of the ban.

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Wall Street Breakfast: Boeing Looks To Turn A Page