Boeing, an icon in American manufacturing, suffered its first annual financial loss in more than two decades as the costs related to its marquee aircraft doubled to more than $18 billion after a pair of deadly crashes.
The list of items Boeing could be forced to fix before federal safety officials let the grounded 737 Max airliner fly again has grown to include a problem with electrical wiring used for the plane's controls.
In early March 2019, one by one, countries around the world grounded the Boeing 737 Max 8 after the tragic loss of Ethiopian Airlines 302 on March 10, 2019 and before that, Lion Air 610 in October 2018.
Boeing Co.'s suspension of the 737 Max production line will mean further headaches for Canadian airlines, which were counting on the grounded jetliner to carry more passengers and boost profit margins.
Boeing's 737 Max jet got another boost at the Dubai Airshow on Tuesday, this time with an order from Kazakhstan's newly-launched budget carrier as the Chicago-based company works to try and win U.S. regulatory approval to get the airplane back in the sky by early next year.