Published: Sun, January 19, 2020
Global News | By Blake Casey

Committee Finds Proper Process Followed In MAX Certification

Committee Finds Proper Process Followed In MAX Certification

Boeing potentially faces more delays for the return of its 737 Max jets after another software issue surfaced during an audit meeting with regulators last weekend, sources tell ABC News.

"We are making necessary updates and working with the FAA on submission of this change, and keeping our customers and suppliers informed", Boeing said in a statement emailed to Bloomberg. This problem involves monitors that verify that key systems on the plane are functioning.

One of the monitors was not being initiated correctly, officials said.

An inner audit in December purchased up by the United States Federal Aviation Administration after both deadly accidents located that 2 electrical wiring packages, if put as well carefully with each other, could brief circuit bring about tail control problems on the jetliner, and also perhaps cause a collision if pilots do not understand exactly how to react properly.

All three air carriers now say they do not plan to have MAX flights back on the schedule until June. The crashes, in Indonesia in October 2018, and in Ethiopia last March, killed 346 people and led to the plane's worldwide grounding, which remains ongoing.

The 2nd collision took place in March when Ethiopian Airlines Flight ET 302, which likewise was a MAX jet, removed from Bole International Airport in the Ethiopian funding and also collapsed.

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Separately on Friday, Fitch Ratings downgraded Boeing's debt rating.

The source said the test was meant to find any issues like this one and that Boeing would fix the problem. New orders have fallen to their lowest level in decades and fourth quarter results, due January 29, are expected to show a 26% drop in revenue.

The 737 Max is costing the plane-maker billions of dollars in losses. Some analysts, such as Ken Herbert of Canaccord Genuity, believe that Boeing is announcing a significant reload of earnings for the Max crisis.

"Now is the time for new CEO Calhoun to get as much bad news out as possible and to provide the company with some additional buffer heading into 2020", Herbert wrote in a note to clients.

The special committee to review the FAA's certification process was appointed by Chao in April - the month after the second 737 MAX crashed within five months.

The FAA said there was nothing new in the emails and they would not affect the recertification process.

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