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Boeing says 737 MAX software update is complete

AFP  |  New York 

said Thursday that it completed its software update on the 737 MAX after two deadly crashes resulted in a global grounding of the

The proposed fix, which addresses a problem with a flight handling system thought to be a factor in both crashes, must now win approval from US and international regulators before the planes can return to service.

"With safety as our clear priority, we have completed all of the engineering test flights for the software update and are preparing for the final certification flight," said said in a statement.

"The accidents have only intensified our commitment to our values, including safety, quality and integrity, because we know lives depend on what we do." Boeing's announcement sent shares up 2.6 per cent to USD 354.44 in afternoon trading. The halt to the 737 MAX has dented Boeing's revenues and clouded the company's earnings outlook.

said it has flown 737 MAX with updated software for the Maneuvering Characteristics Augmentation System for more than 360 hours on 207 flights.

is providing additional information to the Federal Administration in anticipation of a certification test flight, a key step in winning regulatory approval, the company said.

In both the and crashes, the MCAS pointed the plane sharply downward based on a faulty sensor reading, hindering pilot control after takeoff, according to preliminary crash investigations.

The FAA has called a May 23 meeting of international civil regulators in to discuss the FAA's process for clearing the 737 MAX to resume service.

Acting FAA told a congressional panel on Wednesday that he hopes the gathering builds support for international bodies to approve the 737 MAX soon after the gives it the green light.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 17 2019. 01:35 IST