FAA clears Boeing 737 Max to fly again after deadly crashes
The Federal Aviation Administration has rescinded its grounding order for Boeing’s 737 Max jet; FOX Business’ Grady Trimble with more.
Alaska Airlines has agreed to buy 23 Boeing Co 737 MAX 9 jets, the companies said on Tuesday, confirming an Oct. 8 Reuters report that the U.S. planemaker was in talks with Alaska to stimulate demand for the jet’s comeback.
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SOUTHWEST TO TAKE DELIVERY OF 35 737 MAX JETS THROUGH END OF 2021
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An Alaska Airlines 737 comes in for landing at Portland International Airport in Oregon on Feb. 24, 2018. (iStock)
Tilden declined to discuss the final price tag, or whether France-based Airbus had submitted a rival proposal.
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The deal was expected to include significant discounts given the 737 MAX’s recent woes and plunging demand for airplanes during the coronavirus crisis, industry sources have said.
Even at a fraction of the MAX’s list price of $129 million, the deal could help Boeing to stem a cash hemorrhage caused by a stockpile of roughly 450 undelivered MAX jets.
SOUTHWEST CEO SAYS SOFTWARE ISSUES IN BOEING MODEL THAT CRASHED TWICE HAVE 'EASILY BEEN ADDRESSED'
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