The FAA on Wednesday substantiated all Boeing 737 Max aircraft in the US, citing the link between two fatal accidents. The return came after dozens of countries secured their planes, leaving stocks at almost 11 percent this week, at a nominal pace since 2008.
believes that the investigation will have a "deadline", since the recovery of black boxes is already taking place. This will significantly reduce uncertainty about Boeing and the 737 Max model, reports the bank. Two black boxes from Boeing 737 Max 8 crashed on Sunday in Ethiopia were taken to Paris for investigation. Boeing may have to inventory in its balance sheet for about $ 5.5 billion a quarter. We expect the working capital to improve when the plane starts again, "Epstein said.
will have to pay for alternative airlines will cost the company $ 500 million or 88 cents per share in the first quarter.
WATCH: Airlines should quickly recover from 737 Max ground