Boeing records zero new MAX orders following global groundings

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It follows an earlier disaster in October when a 737 Max 8 flown by Indonesian airline Lion Air crashed, claiming the lives of 189 people.

"As we continue to work through these steps, we're adjusting the 737 production system temporarily to accommodate the pause in MAX deliveries, allowing us to prioritize additional resources to focus on software certification and returning the MAX to flight", Muilenburg said in a statement.

The family a Minnesota man who died when an Ethiopian Airlines plane crashed last month has filed a wrongful death lawsuit against Boeing, the manufacturer of the 737 Max aircraft that is was involved in the crash and is now being investigated by US prosecutors.

Boeing said at the weekend it is cutting production of its 737 jetliner for the first time since the September 11 attacks in NY as the plane maker works to limit financial damage from the global grounding of its newest and best-selling aircraft model.

"Boeing's CEO explicitly apologised to 346 passenger families", said Merdian Agustin, whose husband died in the crash. Boeing hasn't described the second issue but says it is not related to the anti-stall system.

United Airlines, which owns 14 MAX but has managed to avoid cancellations by using larger aircraft on those routes, said on April 9 the strategy was costing it money and could not continue forever. Boeing hasn't disclosed any lost orders, although Garuda Indonesia has said it will cancel an order for 49 Max jets.

New York Giants 2019 preseason schedule announced
Unfortunately, none of the Rams' four preseason games will be nationally televised as there are only eight such games total. Last year, head coach Matt Nagy rested his starters in the Bears' third preseason game, a home game against the Chiefs.

The FAA faces a number of investigations into the certification of the plane amid allegations it was too close to Boeing.

The backlog of MAX 8 orders is still 4,600-long, according to the Seattle Times.

Separately on Tuesday, American Airlines cut a key revenue estimate after cancelling 1,200 flights in the first quarter due to the grounding of its 24 Max jets.

Because it is still unclear when the MAX jets will begin flying again, American said it can not yet forecast the cost of the disruption beyond the first quarter.

Over the weekend, American removed the plane from its schedule for an additional six weeks, through June 5.

Bank of America Merrill Lynch on Monday downgraded Boeing's stock to "neutral" from "buy" and cut its price target to $420 a share from $480 after the crashes.

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