Boeing’s 737 MAX Jet Won’t Be Flying Anytime Soon. Its Stock Took a Tumble.
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Trading in stock in commercial aerospace giant Boeing was halted pending breaking news. Shortly after the trading stoppage, the company updated investors about its 737 MAX jet.

“We are informing our customers and suppliers that we are currently estimating that the ungrounding of the 737 MAX will begin during mid-2020,” reads the company’s news release. “This updated estimate is informed by our experience to date with the certification process…it also accounts for the rigorous scrutiny that regulatory authorities are rightly applying at every step of their review.”

Boeing’s 737 MAX Jet Won’t Be Flying Anytime Soon. Its Stock Took a Tumble.

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