Gone with the wind

18 November 2020 By Lauren Silva Laughlin Follow @TheRealLSL

The aircraft maker got a lift after regulators approved returning its 737 MAX planes to the skies. While an important step for CEO David Calhoun’s turnaround, a pandemically challenged travel industry awaits. Further delivery delays will exacerbate Boeing’s worrisome cash burn.

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Boeing won the U.S. Federal Aviation Administration’s approval on Nov. 18 to fly its 737 MAX jet after it was grounded following fatal crashes nearly two years ago. The regulatory body detailed further changes including software updates and training adjustments that Boeing must make to resume flights.

"These events and the lessons we have learned as a result have reshaped our company and further focused our attention on our core values of safety, quality and integrity," Chief Executive Officer David Calhoun said in a statement.

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