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Seven days: 26 April 2019

Seven days: 26 April 2019

Boeing battles on

Embattled aerospace giant Boeing withdrew its guidance for 2019, and suspended its share repurchase programme, as it issued its first quarterly figures since the crash of an Ethiopian Airlines Boeing 737 MAX jet in March. Boeing confirmed that it has completed over 135 test and production flights of an update to the software that has been deemed responsible for the March disaster and the crash of a Lion Air MAX jet last year. “The previously issued 2019 financial guidance does not reflect 737 MAX impacts,” the company said, adding that new guidance would be issued at an undisclosed future date.

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