Boeing 737 Max Out Of Commission Until August--At Least
Boeing shares fell 2% after reports said the 737 Max will be grounded until at least August.
In March, the aircraft was grounded globally, despite initial resistance from the planemaker.
According to Business Insider, the timeline for the aircraft's return to services was highlighted Tuesday by the head of the airline industry's trade group.
The company was fiercely criticized for its handling of the crisis, and accordingly, took a hit in its profits.