Boeing Co shares plunged on Tuesday after the planemaker told airlines and suppliers it now forecasts it does not expect to win approval from regulators for the return of the 737 MAX to service until June or July – significantly longer than some forecasts – a source briefed on the matter said. Boeing’s best-selling plane has been grounded since March after two fatal crashes killed 346 people in five months. Boeing shares fell 5.5% and were halted for pending news. …read more
Source:: Yahoo Finance
