United CEO has 'no sense' of when Boeing's 737 Max jet will fly again

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United CEO has 'no sense' of when Boeing's 737 Max jet will fly again
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United has grounded its 14 Boeing 737 Max jets through early July, along with other carriers like Southwest and American.

United Airlines CEO Oscar Munoz said Wednesday that he has no idea when Boeing's grounded 737 Max jets will fly again.

The Max has been grounded since mid-March after its anti-stall software was implicated in two crashes in Ethiopia and Indonesia since October that killed a total of 346 people. United has grounded its 14 Boeing Max jets through early July, along with other carriers like Southwest and American. Boeing, which expects a $1 billion hit from the groundings, said Wednesday it will pause share buybacks and is withdrawing its full-year 2019 financial forecast while it works works on a software update. The company has cut production and halted deliveries. It said it's completed 96 flights totaling over 159 hours of air time with its new anti-stall software upgrade.

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