Published on Thursday, October 29, 2020
Boeing says its grounded 737 Max jet is almost ready to take flight again.
Boeing CEO, Dave Calhoun said it is 'getting very close to the finish line.'
The FAA has almost completed its review of the planes, but it still needs to be signed off as safe to fly.
When that happens, each airline will have to ensure pilots undergo specific training, which includes aircraft simulator sessions.
"The Max has cost us a lot of money and we've had to sort of up the ante with respect to liquidity to make up for the fact that we couldn't ship the world's most popular airplane," Calhoun told CNBC in an interview.
The Boeing 737 Max has been grounded since spring 2019 following two deadly plane crashes.
The plane maker announced this week it would lay off about 7,000 more workers through 2021.
American Airlines is confident of its recertification and it has put the aircraft back on its schedules for late-December.
AA is planning customer tours of the Boeing 737 Max and QA sessions between pilots and customers to help boost public confidence in the jet.
Written by Ray Montgomery, US Editor
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