Boeing's 737 MAX Cleared for Takeoff
The Federal Aviation Administration on Wednesday declared Boeing's (NYSE: BA) 737 MAX safe to fly, authorizing the plane to return to service 20 months after it was grounded following a pair of fatal accidents.
The decision, though expected, is a major milestone for Boeing. The company has bled through more than $15 billion in cash in 2020 in part because of expenses related to storing the planes and keeping suppliers afloat.
Image source: Boeing.
Source Fool.com
