Six months ago, the FAA finally recertified the Boeing (NYSE: BA) 737 MAX for commercial service, following a 20-month grounding. This allowed Boeing to resume 737 MAX deliveries last December: a crucial step toward eventually returning to positive cash flow.
Alas, within a few months, Boeing ran into new problems with its most popular jet, forcing it to pause 737 MAX deliveries in early April. Customers had to pull more than 100 jets from service, too.
Fortunately, Boeing has now resumed 737 MAX deliveries , and customers are rapidly putting their grounded jets back into service. However, the cost of this latest debacle remains to be seen.
For further details see:
Boeing's Latest 737 MAX Crisis Eases