A full recertification of the troubled jet would be a major setback to Boeing, but analysts say such a move is unlikely. Source: NYT > Business – David Gelles
F.A.A. Leaders Face Scrutiny Over Boeing 737 Max Certification
At a Senate committee hearing Wednesday, officials from the Federal Aviation Administration defended their approval of the 737 Max and their response to two fatal crashes. Source: NYT > Business – David Gelles and Natalie Kitroeff
The Roots of Boeing’s 737 Max Crisis: A Regulator Relaxes Its Oversight
A Times investigation found that the F.A.A. regulatory process, which gave Boeing significant oversight authority, compromised the safety of the plane. Source: NYT > Business – Natalie Kitroeff, David Gelles and Jack Nicas
Southwest Airlines to Leave Newark as Impact of 737 Max Grounding Widens
The carrier also said its profits were down about $175 million in the second quarter because of the troubled jet’s inability to fly after two deadly crashes. Source: NYT > Business – Amie Tsang
Boeing Reports $3.4 Billion Loss for Second Quarter as 737 Max Costs Rise
The aerospace giant experienced a 35 percent drop in sales for the quarter, largely because the troubled jetliner remains grounded after two deadly crashes. Source: NYT > Business – David Gelles
Boeing Expects a $5.6 Billion Hit for 737 Max Disruptions
That is the company’s estimate of how much it will have to compensate airlines for the grounding of the jets after two crashes. Source: NYT > Business – David Gelles