Boeing 737 Max banned from flight until June 2020

The US aircraft manufacturer announced on 21 January 2020 that Boeing 737 MAX would not fly until mid-2020, The Federal Aviation Administration (FAA) said it had not yet set Boeing's recertification timeline.

This situation may cause further financial losses to the American manufacturer and its customers. Following the January 21, 2020 announcement, Boeing's stock lost 5% of its value resulting in a temporary suspension of the stock exchange prices on Wall Street.

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