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Boeing said it had no comment on the American flight and that it would not have staff aboard. The planemaker has said that airlines will take a direct role in demonstrating to passengers that the 737 MAX is safe. Wednesday’s flight marks the first time anyone besides regulators and industry personnel have flown on the MAX since the grounding. A smooth return to service for the MAX is seen as critical for Boeing’s reputation and finances. Airlines and leasing companies have spent hundreds of billions of dollars buying the latest upgrade of the 737, the world’s most-sold aircraft.
Organizations: DALLAS, Boeing, American Airlines, U.S . Federal Aviation Administration, Airlines, FAA, Oman Air, Alaska Airlines, Ryanair Locations: Dallas , Texas, Tulsa , Oklahoma, Aereas, U.S, Indonesia, Ethiopia, Seattle
Boeing 737 MAX returns to skies with media onboard
  + stars: | 2020-12-02 | by ( Tracy Rucinski | ) www.reuters.com + 0.00   time to read: +3 min
DALLAS (Reuters) - Boeing Co’s 737 MAX is poised to make its first public appearance with media onboard since being grounded over fatal crashes, as one of its biggest customers, American Airlines, seeks to prove it is safe for passengers. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. Boeing has said that airlines will take a direct role in demonstrating to passengers that the 737 MAX is safe. “We are continuing to work closely with global regulators and our customers to safely return the fleet to commercial service,” a spokesman said. Alaska Airlines agreed to lease 13 Boeing 737 MAX last week and Ireland’s Ryanair is expected to place a large order for the jets as soon as this week.
Persons: Lindsey Wasson, Doug Parker, Boeing’s, , Brazil’s Organizations: DALLAS, Boeing, American Airlines, MAX, Grant County International, REUTERS, U.S . Federal Aviation Administration, FAA, Oman Air, Airlines, Alaska Airlines, Ryanair Locations: Moses Lake , Washington , U.S, Dallas , Texas, Tulsa , Oklahoma, Aereas, Indonesia, Ethiopia, Seattle
Boeing 737 MAX returns to skies with media on board
  + stars: | 2020-12-02 | by ( Tracy Rucinski | ) www.reuters.com + 0.00   time to read: +4 min
DALLAS (Reuters) - Boeing Co’s 737 MAX took off on Wednesday on its first public appearance with media onboard since being grounded over fatal crashes, as one of its biggest customers, American Airlines, seeks to prove it is safe for passengers. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. Boeing has said that airlines will take a direct role in demonstrating to passengers that the 737 MAX is safe. “We are continuing to work closely with global regulators and our customers to safely return the fleet to commercial service,” a spokesman said. Alaska Airlines agreed to lease 13 Boeing 737 MAX last week and Ireland’s Ryanair is expected to place a large order for the jets as soon as this week.
Persons: Lindsey Wasson, Doug Parker, Boeing’s, Pete Gamble, , Brazil’s Organizations: DALLAS, Boeing, American Airlines, MAX, Grant County International, REUTERS, U.S . Federal Aviation Administration, FAA, Oman Air, Airlines, Alaska Airlines, Ryanair Locations: Moses Lake , Washington , U.S, Dallas , Texas, Tulsa , Oklahoma, Aereas, Indonesia, Ethiopia, Seattle
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. REUTERS/Lindsey Wasson/File PhotoIn another display of confidence, European budget airline Ryanair was set to place a hefty order for up to 75 additional 737 MAX jets, industry sources said. Wednesday’s American Airlines 737 MAX flight was a 45-minute hop from Dallas, Texas, to Tulsa, Oklahoma. Reflecting the COVID-19 pandemic that has roiled commercial aviation, each of the roughly 90 journalists, flight attendants and other American Airlines employees on the flight wore face masks. In an example of how airlines have begun to soft-pedal references to the MAX brand, the safety cards on Wednesday’s flight omitted the “MAX” name and just said “737.”
Persons: Lindsey Wasson, Pete Gamble, , Brazil’s Organizations: DALLAS, Boeing, MAX, Grant County International, REUTERS, Ryanair, Airlines, American Airlines, U.S . Federal Aviation Administration, FAA, Oman Air Locations: Moses Lake , Washington , U.S, Dallas , Texas, Tulsa , Oklahoma, , Aereas, Ethiopia, Seattle
Virgin Galactic reschedules test flight window to start December 11
  + stars: | 2020-12-01 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: A Banner hangs outside the New York Stock Exchange (NYSE) ahead of the Virgin Galactic (SPCE) IPO in New York, U.S., October 28, 2019. REUTERS/Brendan McDermid(Reuters) - Space tourism company Virgin Galactic Holdings Inc said on Tuesday it had set a new test-flight window opening on Dec. 11, after pausing preparations last month due to COVID-19 restrictions imposed by New Mexico. The Richard Branson-founded company said the rocket-powered test flight would also carry payloads for NASA as part of a contract announced on Monday. Virgin Galactic is aiming to obtain a commercial operating license from the U.S. Federal Aviation Administration after conducting a certain number of test flights. The December flight, pending good weather conditions and technical readiness, will be conducted by essential personnel only, with no guests or media onsite, Virgin Galactic said.
Persons: Brendan McDermid, Richard Branson Organizations: New York Stock Exchange, Virgin Galactic, REUTERS, Space, Virgin Galactic Holdings Inc, NASA, U.S . Federal Aviation Administration Locations: New York, U.S, New Mexico
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. There will be some differences between what the FAA has approved for the MAX and what Canada will require for its airlines, such as in training. “It’s public record that information was not forthcoming with regard to particular aspects of this aircraft,” Robinson said. Transport Canada, which spent about 15,000 hours in its validation of the MAX jet, expects to play a greater role in overseeing aircraft in the future, but would not displace the existing system, Robinson said. “We’ll see a greater involvement in validation, but we do have to keep with the system where the state of design certifies the aircraft and the other leading authorities go ahead and validate the aircraft independently.”
Persons: Lindsey Wasson MONTREAL, ” Nicholas Robinson, , ” Robinson, Robinson, Organizations: MAX, Boeing, Grant County International, REUTERS, Transport, U.S . Federal Aviation Administration, FAA, U.S Locations: Moses Lake , Washington , U.S, Transport Canada, Canada, U.S
PARIS (Reuters) - European regulators on Tuesday began the timetable for a return of the Boeing 737 MAX to Europe’s skies early next year after an almost two-year flight ban caused by fatal crashes. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. How long it takes for flights to resume in Europe depends on pilot training and the amount of time airlines need to upgrade MCAS software and carry out other actions mandated by EASA. Some regulators have been waiting for EASA’s decision before lifting their own measures as the 20-month Boeing safety crisis tested confidence in U.S. aviation leadership. EASA represents the 27 European Union countries plus four other nations including Norway, which has 92 of the aircraft on order.
Persons: Lindsey Wasson, EASA, ” EASA, Patrick Ky Organizations: PARIS, Boeing, MAX, Grant County International, REUTERS, European Union Aviation Safety Agency, EASA, U.S . Federal Aviation Administration, MCAS, FAA, , Ethiopian Airlines and Lion Air, Union, EU, Airlines Locations: Moses Lake , Washington , U.S, Europe, EASA . U.S, Indonesia, Ethiopia, Canada, Brazil, China, Norway, Britain
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. REUTERS/Lindsey WassonCAIRO (Reuters) - The United Arab Emirates civil aviation regulator said on Sunday it would announce a return schedule for the Boeing 737 MAX in a timely manner after the United States last week lifted a 20-month-old flight ban on the jet, the state news agency WAM reported. “The General Authority of Civil Aviation will issue a safety decision stipulating the technical requirements to ensure the safe return of service for the Boeing 737 ‘Max’ aircraft, and will announce the schedule for the return authorization in a timely manner,” WAM cited the regulator as saying. The regulator said it continued to work with the U.S. Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) on the process. The UAE carrier flydubai is a major buyer of the narrow-body plane.
Persons: Lindsey Wasson CAIRO, WAM, Max, ” WAM Organizations: MAX, Boeing, Grant County International, REUTERS, United Arab Emirates, United, General Authority of Civil Aviation, U.S . Federal Aviation Administration, FAA, European Union Aviation Safety Agency, flydubai Locations: Moses Lake , Washington , U.S, United States, UAE
Boeing 737 MAX without a buyer, known as a "white tail", sits outside a hangar in Moses Lake, Washington, U.S., November 19, 2020. It’s really energized everyone.”The work at Moses Lake is a cornerstone of a global logistical and financial strategy under way at Boeing to clear a backlog of more than 800 mothballed 737 MAX jets. Reuters counted 12 white tails at Moses Lake on Thursday, though sources say Boeing is worried about 100 such aircraft in inventory, or more. Boeing is in discussions with several airlines, including Southwest, Delta and Alaska, hoping to stimulate demand for the jet. The 737 MAX 8 has a list price of $122 million but the market long ago abandoned published prices as competition heated up.
Persons: MOSES LAKE, Eric Johnson, Jefferies, , Rich Muller, Moses Lake, , Arndt Schoenemann, Muller Organizations: Boeing, REUTERS, U.S . Federal Aviation Administration, Grant County International, Analysts, Reuters, FAA, “ Airlines, Aerospace, American Airlines, Norwegian Air, Jets, Grant Locations: Washington, Moses Lake , Washington , U.S, Moses Lake, Norwegian, Ireland, Seattle, San Antonio , Texas, Southwest, Delta, Alaska
European regulator sees January return for Boeing 737 MAX
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.97   time to read: +1 min
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. REUTERS/Lindsey Wasson/File PhotoPARIS (Reuters) - Europe’s aviation safety regulator believes the Boeing 737 MAX is safe after a lengthy safety review and expects to clear the aircraft for commercial flights in January, its top official said in remarks broadcast on Saturday. U.S. commercial flights are due to resume in late December. “All these studies tell us that the 737 MAX can return to service. “It is likely that in our case we will adopt the decisions allowing it to return to service some time in January.”
Persons: Lindsey Wasson, , ” Patrick Ky, Organizations: MAX, Boeing, Grant County International, REUTERS, PARIS, U.S . Federal Aviation Administration, European Union Aviation Safety Agency, Paris Air Locations: Moses Lake , Washington , U.S
Southwest deploys team to bring 737 MAX jets out of desert
  + stars: | 2020-11-19 | by ( Tracy Rucinski | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike BlakeCHICAGO (Reuters) - Southwest Airlines LUV.N has sent a team of mechanics to Victorville, California to start the long process of bringing its 34 Boeing 737 MAX jets out of their desert hibernation, after the planes' permission to fly was restored. Low-cost carrier Southwest is the largest 737 MAX operator in the world and was betting heavily on the aircraft to expand its business before the coronavirus pandemic sapped demand. Once the FAA approves the work, the jets will fly to Southwest’s main hangar cities for additional checks and maintenance. Meanwhile, its 8,000 pilots will receive fresh 737 MAX training that will include about two hours in a simulator.
Persons: Mike Blake CHICAGO, Southwest Airlines LUV.N, , Alan Kasher, Kasher Organizations: Southwest Airlines Boeing, REUTERS, Southwest Airlines, Boeing, U.S . Federal Aviation Administration, Boeing Co, Southwest, FAA Locations: Victorville , California, U.S, Southwest, Victorville
Southwest prepares 737 MAX jets' return from desert, says some customers wary
  + stars: | 2020-11-19 | by ( Tracy Rucinski | ) www.reuters.com sentiment -0.99   time to read: +2 min
CHICAGO (Reuters) - Southwest Airlines LUV.N has sent a team of mechanics to Victorville, California, to start the long process of bringing its 34 Boeing 737 MAX jets out of their desert hibernation, after the planes' permission to fly was restored. Slideshow ( 2 images )How passengers will feel about flying in the aircraft is unclear, although Southwest customers’ response to the MAX in a recent survey was positive, executives said. Low-cost carrier Southwest is the largest 737 MAX operator in the world and was betting heavily on the aircraft to expand its business before the coronavirus pandemic sapped demand. Once the FAA approves the work, the jets will fly to Southwest’s main hangar cities for additional checks and maintenance. Meanwhile, its 8,000 pilots will receive fresh 737 MAX training that will include about two hours in a simulator.
Persons: Southwest Airlines LUV.N, , Alan Kasher, Kasher Organizations: CHICAGO, Southwest Airlines, Boeing, U.S . Federal Aviation Administration, Boeing Co, Southwest, FAA Locations: Victorville , California, Southwest, Victorville
JAKARTA (Reuters) - Some of the relatives of victims of a fatal Boeing 737 MAX crash in Indonesia have slammed a decision by U.S. aviation authorities to allow the jets to return to the skies, saying the move comes too soon. FILE PHOTO: Boeing 737 Max aircraft are parked in a parking lot at Boeing Field in this aerial photo over Seattle, Washington, U.S. June 11, 2020. “It wasn’t just the Lion Air flight, but also the victims in Ethiopia... A Boeing spokeswoman and spokesman for Lion Air did not immediately respond to a request for comment. Adita Irawati, an Indonesian transportation ministry spokeswoman, said Indonesia would allow the Boeing 737 MAX to fly once the FAA issued airworthiness directives.
Persons: Lindsey Wasson, shouldn’t, , Aris Sugiono, “ It’s, Anton Sahadi, ” Naoise Ryan, Latief Nurbana, Jan, Adita, Irawati, Sahadi, ” Sahadi Organizations: Boeing, U.S, Max, Boeing Field, REUTERS, Lindsey Wasson The U.S . Federal Aviation Administration, Indonesia’s, FAA, Lion, Ethiopian Airlines, Boeing Community Investment Fund, Lion Air Locations: JAKARTA, Indonesia, Seattle , Washington , U.S, Lindsey Wasson The, Ethiopia, U.S, , Indonesian
Grounded Boeing 737 MAX aircraft are seen parked at Boeing facilities at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. In the past, regulators promptly followed the guidance of the FAA, credited for decades with pioneering aviation safety. Canada and Brazil, two aircraft-producing nations with heft in the industry, are expected to back the FAA’s decision within weeks. The crisis has boosted EASA’s influence as some agencies wait for its decision on the MAX rather than copy the FAA. “We have been working with EASA since the early days on the issue and their position will be taken into account,” a spokesman for Australia’s Civil Aviation Safety Authority said.
Persons: Lindsey Wasson, , Mike Daniel, Richard Aboulafia, Steve Dickson, ” Morningstar, Burkett Huey, Organizations: SYDNEY, Boeing, U.S . Federal Aviation Administration, MAX, Grant County International, REUTERS, Boeing Co, FAA, U.S, Teal, European Union Aviation Safety Agency, Airbus, EASA, Australia’s Civil Aviation Safety Authority, Industry, ARM Locations: MONTREAL, Moses Lake , Washington , U.S, China, East, Canada, Brazil, Singapore, U.S, Europe, Beijing
Grounded Boeing 737 MAX aircraft are seen parked at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. REUTERS/Lindsey WassonNEW YORK (Reuters Breakingviews) - The future of Boeing is now in large part up to fate. Further delays of delivering the 737 MAX and other aircraft will exacerbate Boeing’s worrisome cash burn. The company already has $60 billion in debt and burned roughly $5 billion in cash in the last quarter. Boeing doesn’t have a whole lot of runway for issues beyond its control.
Persons: Lindsey Wasson, David Calhoun, That’s, They’re, Organizations: Boeing, MAX, Grant County International, REUTERS, Lindsey Wasson NEW YORK, Reuters, U.S . Federal Aviation Administration, Transportation Locations: Moses Lake , Washington , U.S, Chicago
(Reuters) - The United States on Wednesday signed an order that allows Boeing Co’s troubled 737 MAX plane to resume U.S. deliveries and commercial flights by the end of the year, lifting a March 2019 ban following two deadly crashes. FILE PHOTO: Federal Aviation Administration (FAA) Chief Steve Dickson brings a Boeing 737 MAX aircraft to a stop after an evaluation flight at Boeing Field in Seattle, Washington, U.S. September 30, 2020. But the market really won’t need new-build planes for a few years, since there are 387 737 MAX’s waiting to return to service, and 450 already-built 737 MAX’s waiting to be delivered.”“Boeing needs to re-start production at some low level. But this day is also a reminder of why this plane has not flown for two years.”“Flight attendants will be the ones to answer the flying public’s questions once the 737 MAX returns to service. We will continue to work as one crew ... to ensure the safe return to service.”Nelson was among the first to call for a full review of the 737 MAX.
Persons: Steve Dickson, Mike Siegel, RICHARD ABOULAFIA “, ROBERT STALLARD “, , JONATHAN RAVIV “, SARA NELSON, ” Nelson Organizations: Reuters, Wednesday, Boeing, Federal Aviation Administration, FAA, Boeing Field, U.S . Federal Aviation Administration, AEROSPACE, ” CITI, ” AFA, CWA Locations: United States, Seattle , Washington , U.S
Stock futures rise on vaccine bets; Boeing jumps
  + stars: | 2020-11-18 | by ( Sruthi Shankar | Shivani Kumaresan | ) www.reuters.com sentiment -0.99   time to read: +2 min
(Reuters) - U.S. stock index futures rose on Wednesday as fresh signs of a COVID-19 vaccine fueled bets of faster economic revival next year, while Boeing surged after it won U.S. approval to resume flights of its 737 MAX jet. FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. Meanwhile, Pfizer Inc said it would apply for emergency U.S. authorization of its COVID-19 vaccine within days and disclosed final results from a late-stage trial that showed it was 95% effective. The announcement comes after Moderna Inc on Monday released preliminary data for its COVID-19 vaccine, showing similar effectiveness. ET, Dow E-minis gained 0.45%, S&P 500 E-minis rose 0.3% and Nasdaq 100 E-minis were up 0.1%.
Persons: Andrew Kelly, Steve Dickson, , Neil Wilson, Dow Organizations: Reuters, Boeing, U.S, Wall, New York Stock Exchange, REUTERS, U.S . Federal Aviation Administration, Pfizer Inc, Moderna Inc, Dow E, Nasdaq, Target Corp Locations: Manhattan , New York City, U.S, United States, China
Dozens of grounded Boeing 737 MAX aircraft are seen parked at Grant County International Airport in Moses Lake, Washington, U.S. November 17, 2020. The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, ousted executives, frayed U.S. leadership in global aviation and cost Boeing some $20 billion. Single-aisle jets, like the MAX and Airbus’ rival A320, are short-haul workhorses that dominate global fleets and provide a major source of industry profit. Anticipating FAA approval, American Airlines plans to relaunch commercial MAX flights on Dec. 29. Southwest Airlines, the world’s largest MAX operator, does not plan to fly the aircraft until the second quarter of 2021.
Persons: Lindsey Wasson, planemaker’s, ” Naoise Ryan, , Steve Dickson Organizations: WASHINGTON, Boeing, U.S . Federal Aviation Administration, MAX, Grant County International, REUTERS, FAA, frayed, Ethiopian Airlines, Airbus, American Airlines, Southwest Airlines, U.S . House, “ Boeing Locations: SEATTLE, Moses Lake , Washington , U.S, Indonesia, Ethiopia, U.S, Europe, Brazil, China, MCAS
WASHINGTON/SEATTLE (Reuters) - After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters. The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, frayed U.S. leadership in global aviation and cost Boeing some $20 billion. “Our family was broken,” Naoise Ryan, whose 39-year-old husband died aboard Ethiopian Airlines flight 302, said on Tuesday. American Airlines plans to relaunch the first commercial MAX flight since the grounding on Dec. 29. It also criticized Boeing for withholding crucial information from the FAA, its customers, and pilots including “concealing the very existence of MCAS from 737 MAX pilots.”Boeing faces lawsuits from families of crash victims.
Persons: planemaker’s, ” Naoise Ryan, , Steve Dickson Organizations: WASHINGTON, Boeing, U.S . Federal Aviation Administration, FAA, Ethiopian Airlines, Airbus, American Airlines, Southwest Airlines, U.S . House, MAX Locations: SEATTLE, Indonesia, Ethiopia, U.S, Europe, Brazil, China, MCAS
The 737 MAX crashes in Indonesia and Ethiopia killed 346 people within five months in 2018 and 2019 and triggered a hailstorm of investigations, frayed U.S. leadership in global aviation and cost Boeing some $20 billion. The 737 MAX is a re-engined upgrade of a jet introduced in the 1960s. Meanwhile, Alaska Airlines expects to receive its first 737 MAX early next year and begin passenger service in March. For a graphic on 737 MAX orders and deliveries to airline customers, click here: here“Every next plane we deliver is an opportunity to rebuild our brand and regain trust,” Boeing’s chief executive, Dave Calhoun, told employees in a memo. Calhoun’s message and a company statement avoided references to the “MAX” brand, referring to it instead as the “737-8” and “737-9.”Even with all the hurdles, resuming deliveries of the 737 MAX will generate cash for Boeing and hundreds of strained parts suppliers.
Persons: Steve Dickson, Dickson, planemaker’s, ” Naoise Ryan, , Dave Calhoun Organizations: WASHINGTON, U.S, Boeing, U.S . Federal Aviation Administration, Reuters, MAX, FAA, Airbus, Ethiopian Airlines, American Airlines, United Airlines, Southwest Airlines, Alaska Airlines, U.S . Department of Justice Locations: SEATTLE, U.S, Indonesia, Ethiopia, Canada, Brazil, China
U.S. to approve Boeing 737 MAX return
  + stars: | 2020-11-18 | by ( Reuters Editorial | ) www.reuters.com + 0.99   time to read: 1 min
BusinessU.S. to approve Boeing 737 MAX returnPostedAfter nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing is set to win approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again. Francis Maguire reports.
Persons: Francis Maguire Organizations: Boeing, U.S . Federal Aviation Administration
U.S. approves Boeing 737 MAX return
  + stars: | 2020-11-18 | by ( Reuters Editorial | ) www.reuters.com + 0.97   time to read: 1 min
BusinessU.S. approves Boeing 737 MAX returnPostedAfter nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again. Francis Maguire reports.
Persons: Francis Maguire Organizations: Boeing, U.S . Federal Aviation Administration
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. Pfizer’s announcement came on the heels of a similar report from Moderna’s on the effectiveness of its vaccine. The pan-European STOXX 600 index .STOXX rose 0.44% and MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.18%, touching an intraday record for a third consecutive session. The dollar index =USD fell 0.153%, with the euro EUR= up 0.03% to $1.1865. U.S. crude CLc1 rose 1.59% to $42.09 per barrel and Brent LCOc1 was at $44.61, up 1.97% on the day.
Persons: Andrew Kelly, Pfizer PFE.N, , Keith Buchanan, SPX, Brent LCOc1 Organizations: YORK, Wall, New York Stock Exchange, REUTERS, Pfizer, Boeing, U.S . Federal Aviation Administration, homebuilding, Dow Jones, Nasdaq, U.S ., European Union, Sterling Locations: Manhattan , New York City, U.S, Moderna’s, Atlanta, Britain
Factbox: Key changes to Boeing's 737 MAX after fatal crashes
  + stars: | 2020-11-17 | by ( Eric M. Johnson | ) www.reuters.com sentiment -1.00   time to read: +2 min
(Reuters) - The U.S. Federal Aviation Administration is expected on Wednesday to detail the changes Boeing Co must make on its 737 MAX jet in order for it to fly again commercially following a 20-month grounding sparked by two fatal crashes. After a series of investigations and regulatory reviews, here are the major changes the FAA is expected to mandate before the 737 MAX returns to the sky. Separately, Boeing is making standard an alarm alerting pilots to a mismatch of flight data from the sensors. Boeing did not tell U.S. regulators for more than a year that it inadvertently made the so-called AoA Disagree alert optional on the 737 MAX, instead of standard as on earlier 737s. WIRING BUNDLESBoeing said it will separate 737 MAX wiring bundles, flagged by regulators as potentially dangerous, before the jet returns to service.
Persons: Organizations: Reuters, U.S . Federal Aviation Administration, Boeing, FAA Locations: Ethiopia, Indonesia
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. Pfizer’s announcement came on the heels of a similar report from Moderna’s on the effectiveness of its vaccine. A better than expected earnings report from Target, up 1.5285%, also helped eased concerns about a slowing economy. The pan-European STOXX 600 index rose 0.41% and MSCI’s gauge of stocks across the globe gained 0.19%. The increased risk appetite on the vaccine news also helped oil prices advance, along with hopes OPEC and its allies will delay a planned increase in oil output.
Persons: Andrew Kelly, Dow, , Robert Pavlik, Sterling, Brent Organizations: YORK, Wall, New York Stock Exchange, REUTERS, Pfizer, Boeing, U.S . Federal Aviation Administration, Target, Dakota Wealth, homebuilding, Housing, Dow Jones, Nasdaq, U.S ., Sterling, European Union Locations: Manhattan , New York City, U.S, Moderna’s, cyclicals, Dakota Wealth , New York, Britain
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