Boeing Needs More Time for 737 Max Fix

The transcript discusses the grounding of Boeing's 737 Max aircraft due to safety concerns, particularly related to the MCAST system. Boeing is working on software updates and adding sensor redundancies to address these issues. The FAA and other global regulators are scrutinizing the fixes, leading to delays in approval. The situation has affected Boeing's reputation and orders, with some airlines switching to Airbus. The FAA is being more cautious in the approval process due to past criticisms.

What was the expected timeline for the Boeing 737 Max 8 software fix approval?

• By the end of March

• By the end of June

• By the end of May

• By the end of April

What system in the Boeing 737 Max 8 was identified as a likely cause of the accidents?

• Fuel System

• MCAS System

• Navigation System

• Autopilot System

Why is the FAA being more cautious in the approval process for the Boeing 737 Max 8 fix?

• Due to pressure from airlines

• Due to financial constraints

• Due to past criticisms

• Due to a lack of expertise

Which country was the first to ground the Boeing 737 Max 8?

• China

• India

• United States

• Australia

What percentage of Boeing's backlog is made up by the 737 Max 8?

• 79%

• 60%

• 50%

• 70%