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Boeing’s Grounded 737 Max: The Story So Far

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Boeing Needs More Time for 737 Max Fix
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Two crashes within five months -- Lion Air Flight 610 in October off the coast of Indonesia and Ethiopian Airlines Flight 302 in March outside Addis Ababa -- killed 346 people and led to a global grounding of Boeing Co.’s relatively new 737 Max jets. Numerous investigations are under way, including ones looking at how U.S. flight regulators came to certify the airplane. Boeing has abandoned its financial forecast for 2019 as it faces questions about the plane’s development and testing and its own transparency. The Max is the fourth generation of a venerable brand -- Boeing’s best-selling 737 series, first flown in 1967.

With many more Max jets in production than in service, not very. In the U.S., for example, the Max makes up about 3 percent of the mainline fleet. Southwest Airlines, the biggest U.S. operator, said the grounding was causing about 130 daily cancellations. Airlines have used other planes in their fleet or leased aircraft. Travelers have suffered little disruption, though there’s a risk ticket prices may rise, at least during peak season in some markets.