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

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.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.