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Published on Wednesday, April 24, 2019

Boeing making 'steady progress' on 737 MAX tests

Boeing has told investors it can't give a profit guidance for 2019 as it doesn't know the full extent of the impact of the grounding of its 737 MAX aircraft.

Announcing its first quarter results, the aircraft manufacturer said its previously issued 2019 financial guidance does not reflect 737 MAX impacts.

"Due to the uncertainty of the timing and conditions surrounding return to service of the 737 MAX fleet, new guidance will be issued at a future date," it said.

"Boeing is making steady progress on the path to final certification for a software update for the 737 MAX, with over 135 test and production flights of the software update complete.

"The company continues to work closely with global regulators and our airline partners to comprehensively test the software and finalise a robust package of training and educational resources."

Chairman, president and CEO Dennis Muilenburg added: "Across the company, we are focused on safety, returning the 737 MAX to service, and earning and re-earning the trust and confidence of customers, regulators and the flying public.

"As we work through this challenging time for our customers, stakeholders and the company, our attention remains on driving excellence in quality and performance and running a healthy~sustained growth business~built on strong, long-term fundamentals."

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