Boeing's fast-selling 737 Max planes have been grounded worldwide since mid-March following two fatal crashes of the aircraft within five months of one another. Boeing and the FAA are now facing numerous investigations into the plane and its approval process.
Aviation authorities around the world grounded the Boeing 737 Max planes in March following two crashes in less than five months.Boeing has developed software changes for the plane but they're likely to be grounded for at least part of the summer.
In March, the FBI joined an investigation of the certification process for the company's 737 Max jets. House and Senate panels have each launched investigations.a software update for the 737 Max, a key step in getting the aircraft flying again. The company said it completed more than 360 hours of testing on 207 flights with the updated software. It's also developed new training materials that the FAA is reviewing.
Boeing has also taken a lot of heat following reports that it knew of problems with one of the safety features well before the two crashes, but did not disclose the issues to airlines or regulators until after the Lion Air crash in October. Analysts have speculated that the company faces billions of dollars in payments to airlines and families of crash victims.
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