Aerospace suppliers prepare for prolonged grounding of 737 MAX

Makers of aircraft parts are making contingency plans for a prolonged grounding of Boeing’s 737 MAX, with several expecting the jet’s return to service to take longer than the planemaker hopes. The start date of deliveries of the MAX, grounded worldwide in March following a second fatal crash in five months, and the pace of production, which affects prices of aircraft parts, were key topics of discussion among suppliers at the Dubai Airshow this week. Boeing has said it hopes to begin deliveries of the jet next month after a software fix is approved by the U.S. Federal …read more

Source:: Yahoo Finance

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