The FAA has invited 57 global regulators on May 23 to review recent upgrades to Boeing’s 737 Max flight control system. The outcome could eventually lead to the FAA removing the grounding and have the international regulating bodies become more comfortable with the enhancements. It still remains the case that Boeing’s management focus is on the 737 MAX and says that its return to the skies as a matter of ‘when’ rather than ‘if’. In the latest equity research by Jeffries, it’s being reported that steady free cash flow (FCF) growth is still the case as Boeing plans for steady
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