Boeing does not want to change costly wiring on grounded 737 MAX: Reports
In January, the planemaker had informed FAA that it was reviewing the wiring issue that under any circumstances lead to the deadly crashes.
In January, the planemaker had informed FAA that it was reviewing the wiring issue that under any circumstances lead to the deadly crashes.
Meanwhile, Boeing has halted deliveries of 13 jets in January and temporarily ceased production of the planes.
The details of the loans and other financing strategies will be finalized before the market opens on Wednesday.
The decision came hours after the air-safety experts criticized Boeing the US Federal Aviation Administration for missteps that resulted in airplane crashes.
The regulator called the summit to walk through the steps taken to address concerns with the MAX aircraft after it was criticized for dragging its feet on ordering the jets grounded.
Boeing has made corrections to the 737 MAX simulator software and has provided additional information to devise operators to ensure that the simulator experience is representative across different flight conditions.
According to the report issued on Tuesday, Boeing did report some orders for the other jets in late March, even in the wake of the March 10 crash of an Ethiopian Airlines jet and the grounding of the 737 MAX that followed, reports CNN.
Boeing has maintained that the software issue 'did not adversely impact airplane safety or operation'.
American Airlines has extended the cancellations of its Boeing 737 Max flights until August 19 due to the indefinite global grounding of the plane model
The updated software designed by Boeing uses input from two sensors on the nose of the plane, instead of one, and is designed to not trigger the MCAS system repeatedly, which is believed to have pitched the Lion Air plane's nose down so sharply that the pilots' attempts to regain control were futile.
