BA – Boeing shares are lower after the U.S. Federal Aviation Administration said it found another issue with the 737 MAX. Boeing Co. (BA – Get Report) shares traded lower Thursday after the U.S. Federal Aviation Administration said it found yet another issue with the planemaker’s 737 MAX software that could further delays to its return to service. “The FAA review and process for returning the 737 MAX to passenger service are designed to result in a thorough and comprehensive assessment. We continue to evaluate Boeing’s software modification to the MCAS and we are still developing necessary training requirements,” the Administration said in a statement published on its website. Boeing Company (The) (BA - Get Rating) shares were trading at $365.53 per share on Thursday morning, down $9.41 (-2.51%).

Source: Ethiopian News June 27, 2019 15:41 UTC