Boeing to give Southwest board 737 MAX update this week

Boeing Co this week will present to the board of its largest 737 MAX customer, Southwest Airlines Co, an overview of its plans to return the grounded jet to service, a spokesman for the airline said on Monday. The meeting on Wednesday and Thursday comes after Southwest Chief Executive Gary Kelly said last month that the airline could look next year at diversifying its fleet beyond Boeing 737 aircraft. Budget-friendly Southwest has structured its business model around flying only 737 aircraft for the past 50 years and bet its entire growth strategy on the 737 MAX, the latest …read more

Source:: Yahoo Finance

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