China was the first country to ground the 737 MAX two months ago after a crash in Ethiopia killed 157 people in March
Boeing is working closely with the device manufacturers and regulators on these changes and improvements, the company said in a statement
Dinesh Keskar, former senior vice-president of sales for Asia-Pacific and India, said in an interview that he stepped down from Boeing on May 2 after 39 years with the company
To date, Boeing has flown the 737 MAX with updated MCAS software for more than 360 hours on 207 flights
The shares dropped 3.4 per cent to $342.50 at 11:02 a.m. in New York, the lowest intraday price since Jan. 9. Caterpillar Inc., Apple Inc. and United Technologies Corp
Boeing is finalizing an update to software linked to both crashes, which it will submit to the Federal Aviation Administration in a crucial step toward getting the plane back in the air
Boeing expects the FAA to conduct a test flight by the end of next week of the software fix it developed for the flight system on the 737 MAX
The revelation raises new questions about Boeing's best-selling jet as the company works to convince airlines and regulators that the Max will be safe once a software update is installed
Boeing net orders for the first quarter slid into negative territory, with a total of minus 119 net orders after cancellations, despite a slew of new wide-body sales
Boeing is now reckoning with a blow to its reputation and the financial cost of getting the planes back in the air. The production dip alone has cost it $1 billion so far
Boeing is facing one of the biggest crises in its history following crashes involving its fastest-selling jetliner.
The newspaper's report comes as Boeing is close to submitting its software fix linked with the two fatal 737 Max accidents
The Indonesian entrepreneur is the figurehead for what is now one of the planemaker's largest customers with 187 jets on order and 200 already delivered
The global fleet of 737 MAX planes has been barred from flying since mid-March
Over 300 Boeing 737 MAXs have been grounded worldwide after a total of 346 people died in a Lion Air crash in Indonesia in October and in an Ethiopian Airlines crash outside Addis Ababa last month
All this would be bad for growth and bad for American and European prosperity, said French Finance Minister Bruno Le Maire
Total orders, an indication of future demand, fell to 95 aircraft in the first quarter from 180 a year earlier, suggesting a wait-and-watch approach for airlines as Boeing rides out the worst crisis i
Chicago-based Boeing faces many other lawsuits over the crashes, including by victims' families and by participants in its employee retirement plans
There is limited flexibility for airlines to switch to alternatives from Airbus or Boeing, said Fitch
The statements came hours after Ethiopian officials said pilots of a doomed plane had crashed last month after following the company's recommendations, leaving 157 people dead