Boeing wins confidence of shareholders, prepares for key 737 MAX test flight

Boeing wins confidence of shareholders, prepares for key 737 MAX test flight

Boeing executives successfully beat back shareholder challenges to their authority on Monday as the company signaled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes. The aerospace giant, under scrutiny following the crashes that killed 346 passengers and crew and grounded the MAX worldwide, won a vote of confidence from its investors, even as company management faced tough questions over plane design and the possible missteps in getting the aircraft to market. Boeing expects the Federal Aviation Administration to conduct a test flight by the end of next week of the software fix the company developed for the flight system on the 737 MAX, a company spokesman said Monday.

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Source:: Yahoo News

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