The MAX Is Back… Sort Of
The long grounded 737MAX will return To the European skies by the end of 2020! The Europe aviation regulation (EASA) has deemed that the aircraft safe to fly, and they hope to get it back up by the end of the year. First reported by Bloomberg news, they quote
“Our analysis is showing that this is safe, and the level of safety reached is high enough for us,” Ky said in an interview. “What we discussed with Boeing is the fact that with the third sensor, we could reach even higher safety levels.
This morning, Boeing’s stock jumped 5.5% to $173.21 at 9:35 a.m. in New York, the sharpest gain on the S&P 500 index. The EASA also commented on their thoughts about the FAA (United States) about them letting the plane fly again
“For the FAA, the Max accident has been a tragedy,” he said. “In terms of the way in which they perceive their own roles, the way they were attacked by different stakeholders in the U.S., the way they have been criticized, it must have been extremely difficult.”