FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “The Boeing Company (NYSE: BA) 737 Max Deemed Safe to Fly by European Regulator”
The Boeing Company (NYSE: BA) stock opened 4% higher than its previous close after the European Union Aviation Safety Agency judged the 737 Max Safe to Fly.
Europe’s top aviation regulator said he’s satisfied that changes to Boeing Co.’s 737 Max have made the plane safe enough to return to the region’s skies before 2020 is over as the agency’s Proposed Airworthiness Directive is set to be published next month.
Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. As America’s biggest manufacturing exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.
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