March 7, 2021

Boeing 737 MAX allowed to return to the UK after dangerous accidents | Business News

The 737 MAX has been allowed back into UK airspace almost two years after it was launched following a series of catastrophic accidents.

The decision was announced by the British Civil Aviation Authority (CAA) just hours after the Boeing aircraft was declared safe by European authorities.

The CAA decision means that UK airlines can operate passenger flights with the 737 MAX “under close supervision” – following similar moves by regulators in the United States and Canada.

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Boeing 737 Max departs in Miami

This boosts Boeing on the day it revealed its annual loss of nearly $ 12 billion (7 8.7 billion).

US aircraft maker has been locked in crisis since its Navy’s flagship models landed worldwide in March 2019 Crashing 346 people were killed in passenger planes in Indonesia and Ethiopia.

The 737 MAX was allowed to fly again last year by US regulators following a modification of key security systems, and was given the green light much later than Boeing had expected.

Just minutes before the company’s annual results were due to be released on Wednesday, Europe’s aviation watchdog ISA confirmed that the aircraft had undergone its own four tests to return to the sky.

They include a full design review and the implementation of a pilot training regime.

ISA Managing Director Patrick Guy said: “We are all confident that the aircraft is safe, which is a precondition for granting our approval.

“But we will continue to monitor 737 MAX operations when the aircraft resumes service.”

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Ryanair Bags 75 Boeing 737 Max aircraft

CAA Chief Executive Richard Moriarty said: “This is not an easy decision we have made. We will not allow the return of service to UK operators, nor will we lift the ban on aircraft operating in UK airspace. The type can operate safely and safely.”

The controller said the travel agent, who is currently the sole UK operator of the aircraft, was in close contact with TUI and would return to service to oversee its plans.

TUI welcomed the CAA and EASA announcements and said it would begin rolling out the MAX to the service once updates and improvements and pilot reuse are complete.

It depends on the easing of COVID-19 restrictions, with the Netherlands, the United Kingdom and Belgium currently having no or less air traffic, and Germany on “significantly reduced” service, TUI said.

“We will keep our customers informed as we prepare to return to the skies across Europe and look forward to welcoming our customers back on board,” the company added.

Relatives of those killed in the crash have blamed regulators for removing their controls, arguing that the findings of the U.S. congressional hearing surrounding Boeing’s behavior and Max’s original credentials were premature and “dangerous.”

This is a welcome development for Boeing following the catastrophic 2020, which prevented its planned fight from the 737 MAX crisis and destroyed sales by the corona virus infection.

The crisis forced the company to hoard completed orders, reduce production, cut jobs, compensate airlines with missed deliveries and pay $ 2.5 billion. Solve an American investigation In MAX crashes.

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Now, the challenge facing Boeing is one of industry COVID-19 Seeks to delay orders as demand for travel declines in 2020 and beyond.

The company has said it will further delay its 777X flight plan at a cost of more than $ 6,77 billion.

That fee was reflected in the record net loss, which was $ 9.19 billion, more than double what statisticians expected.

The shares fell 4%.

The market has already said that total airline supply in 2020 will be the worst in 43 years, while travel restrictions inspired by the Corona virus are currently reducing exports of the 787 Dreamliner, Boeing’s second most important cash generator.

Boeing revealed that it burned $ 18.4 billion this year because it caught the challenges, but it confirms the additional 737 Max orders from airlines including Ryanair.

The company built inventory of hundreds of aircraft when it landed, but has now delivered 40 of those aircraft to customers – and plans to increase production again, reaching 31 per month by 2022.

Boeing CEO Dave Calhoun told employees in a memo: “2020 is the year of deep social and global disruption that has significantly affected our industry.

“In the face of these challenges, we have made significant strides in strengthening our security processes, rebuilding confidence and transforming our business to prepare for a strong recovery.”