![]() 12 - Boeing abandons its goal of winning regulatory approval for the 737 MAX to resume flying in December after the FAA said the plane would not be cleared to fly before 2020.ĭEC. 22 - Boeing fires Kevin McAllister, the top executive of its commercial airplanes division, marking the first high-level departure since the two fatal crashes.ĭEC. 25 - Boeing’s board of directors creates a new permanent safety committee to oversee development, manufacturing and operation of its aircraft and services. ![]() JULY 24 - Boeing posts its largest-ever quarterly loss due to the spiraling cost of resolving issues with its 737 MAX. JUNE 17 - Boeing executives take turns apologizing for the loss of life in two 737 MAX crashes and pledge to apply lessons of the crisis to future planes. regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 MAX, instead of standard as on earlier 737s. APRIL 24 - Boeing abandons its 2019 financial outlook, halts share buybacks and says lowered production due to the 737 MAX grounding has cost it at least $1 billion so far.
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