0 Leon Mathias Posted July 31, 2019 Author Share Posted July 31, 2019 Quote Link to comment Share on other sites More sharing options...
0 Ignatius Bose Posted July 31, 2019 Share Posted July 31, 2019 According to The Wall Street Journal, based on information provided by a Federal Aviation Administration (FAA) official, an internal risk analysis carried out by the FAA following the first crash of the Boeing 737 MAX jet showed a high likelihood of a similar emergency occurring in the near future. Although the regulator’s analysis was not reported, based on the findings, it was decided that if the pilots were informed about the vulnerabilities in the malfunction of the onboard sensor and if they were aware of the risk and how to respond in the event of an eventuality, it was acceptable to allow the Boeing 737 MAX jets to continue operating while the airline manufacturer comes up with a permanent fix to the MCAS software. At 4.30pm GMT on Wednesday, shares of Boeing were trading flat at $347.55, down more than 2% from the session highs of $351.21. Quote Link to comment Share on other sites More sharing options...
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