WASHINGTON – Boeing Co. on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 Max jet in the coming weeks, and its shares jumped as investors grew more hopeful the plane-maker had addressed software problems at the heart of two fatal crashes.
Boeing said it expected the U.S. Federal Aviation Administration (FAA) to issue an order approving the plane’s return to service next month, but added it now expected commercial service to resume in January. Boeing shares rose 5 percent on the company’s outlook.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.