Boeing Co began a series of long-delayed flight tests of its redesigned 737 MAX with regulators at the controls on Monday, hoping to win approval and rebuild its reputation after fatal crashes that toppled its leaders and grounded the jet worldwide.
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, U.S. June 29, 2020. REUTERS/Karen Ducey
Boeing shares closed 14.4% higher at $194.49 on Monday, helping boost the Dow Jones Industrial Average. [.N] Boeing did not publicize Monday’s take off, saying the FAA was leading the 737 MAX testing process. The business-as-usual atmosphere at Boeing Field illustrated a shift in Boeing’s communications strategy on the 737 MAX since last year when it strained its relationship with the Federal Aviation Administration by issuing public statements that predicted the timeline for the jet’s return.
There are some 450 jets that Boeing is eager to deliver once the MAX is cleared to fly, though experts say the prospect of moving those quickly has been diminished by the coronavirus crisis. The agency said it will “lift the grounding order only after we are satisfied that the aircraft meets certification standards.”
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