Boeing 737 MAX software patch expected before end-March: sources

SINGAPORE/PARIS (Reuters) – Boeing Co (BA.N) plans to release upgraded software for its 737 MAX in a week to 10 days, sources familiar with the matter said.

Similarities between the flight path in the Lion Air incident and Sunday’s Ethiopian Airlines crash have raised fresh questions about the system, but so far there is no evidence on whether the same software is again a potential issue.

Asked about the timeline, first reported by AFP, a Boeing spokesman referred to a statement on Monday that the upgrade would be deployed across the 737 MAX fleet in the coming weeks.

  • Publisher: U.S.
  • Date: 2019-03-16T03:10:03+0000
  • Author: Reuters Editorial
  • Twitter: @Reuters
  • Citation: Web link (Read More)

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While you’re here, how about this:

If you invested $1,000 in Boeing 10 years ago, here’s how much you’d have now

That model has since been grounded by the Federal Aviation Administration, as well as by aviation regulators around the world.

Still, if you invested in Boeing 10 years ago, that decision would have paid off: According to CNBC calculations, a $1,000 investment in 2009 would be worth more than $14,000 as of March 15, 2019, a total return over 1,000 percent. In the same time frame, the S&P 500 was up 270 percent. So, your $1,000 would be worth just over $3,700, by comparison.

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New Evidence in Ethiopian 737 Crash Points to Connection to Earlier Disaster

Investigators at the crash site of the doomed Ethiopian Airlines flight have found new evidence that points to another connection to the earlier disaster involving the same Boeing jet.

Although the crash investigations are still in the early phases, the new evidence potentially indicates that the two planes both had problems with a newly installed automated system on the 737 Max jet intended to prevent a stall.

This evidence ultimately contributed to American regulators’ decision to ground the 737 Max this week, according to the two people who spoke on the condition of anonymity. The Federal Aviation Administration said it had found physical evidence from the Ethiopian crash that, along with satellite tracking data, suggested similarities between the two crashes.

FAA Let Pressure Overcome Principles on 737 Decision