Airline Association CEO: Don't Expect 737 Max to Fly Again for 10-12 Weeks

Boeing Co. has begun carefully mapping out the steps to ease its 737 Max back into commercial service once regulators lift a global grounding for its best-selling jetliner.The Chicago-based planemaker is planning the Max's comeback with airlines in a series of meetings it's been holding from Miami to Moscow, Boeing Chief Executive Officer Dennis Muilenburg told an investor conference on Wednesday.But the chief executive of a global airline association offered a cautious assessment of when airworthiness authorities might give the Max a clean bill of health. Flights aren't expected to resume for at least 10 to 12 weeks, CEO Alexandre de Juniac of the International Air Transport Association said on a call with reporters."We are preparing a meeting between regulators, the aircraft manufacturer and the operators to make an assessment of the situation," De Juniac said. "But it is not in our hands. It's in the hands of regulators."Boeing shares dipped 1.3% to $350.39 at 9:59 a.m. in New York. Through Tuesday, the stock has tumbled 16 percent since the March 10 crash of an Ethiopian Airlines jetliner.  Continue reading...

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