Boeing to pay $1.1 billion
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Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday.
The Justice Department has reached a deal with Boeing that will allow the airplane giant to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people,
Air Europa has become the first Spanish operator of the Boeing 737 MAX 8 upon welcoming the newest aircraft to its 42-strong fleet.
Boeing (NYSE:BA) is showing signs of renewed production momentum on its 737 Max program following years of turbulence, Olivier Andries, chief executive of French aerospace group Safran (OTCPK:SAFRY) (OTCPK:SAFRF),