Stocks
BA

United sees 737 MAX flying this summer, deliveries before year-end

Reuters

CHICAGO, April 17 () - United Airlines expects Boeing Co's grounded 737 MAX jets to return to service this summer, with deliveries resuming before the end of the year, an executive said on Wednesday.

"The aircraft scheduled for delivery this year, we would expect to take this year," Chief Financial Officer Gerald Laderman said on a conference call.

Chicago-based United, which is part of United Continental Holdings Inc , owns 14 MAX aircraft and was due to take delivery this year of another 14 of the jets, which were grounded worldwide in March.

The bulk of United's 2019 MAX orders were scheduled for delivery before the start of the fourth quarter, though Laderman said he could see some of those deliveries slipping into the fourth quarter.

Global regulators must recertify the 737 MAX before it returns to service.

A review by a U.S. Federal Aviation Administration panel into grounded MAX found on Tuesday a planned software update and training revisions by Boeing to be "operationally suitable," an important milestone in getting the planes back in the air.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

BA

Other Topics

Politics

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More