Boeing cutting back on 737 MAX production this month

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Boeing will cut production of its troubled 737 MAX airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes.

Rep. Sam Graves (R-Mo.) on the fallout from the two Boeing 737 Max plane crashes.

Boeing now says it plans to release a software fix to the anti-stall system used aboard the 737 Max aircraft in the coming weeks.

Boeing was sued on behalf of a passenger killed in the crash of an Ethiopian Airlines flight over claims that its 737 Max 8 isn't safely designed.

Boeing said it continues to make progress on a 737 MAX software update to prevent 'accidents like these from ever happening again, ' he said.

"We now know that the recent Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents were caused by a chain of events, with a common chain link being erroneous activation of the aircraft's MCAS function".

Ethiopian Airlines had on Thursday disclosed in its preliminary report, that the pilots of the ill-fated aircraft followed instructions that Boeing recommended and FAA approved emergency procedures to handle the most hard emergency situation created on the airplane.

"The crew performed all the procedures repeatedly provided by the manufacturer, but was not able to control the aircraft", said Ethiopian Transport Minister Dagmawit Moges, unveiling results of the preliminary probe into the crash.

The pilots initially followed Boeing's emergency steps for dealing with a sudden downturn of the nose of their plane but could not regain control, according to a published report.

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In a statement issued on Thursday, April 4, Muilenburg said the company was keen with the investigations and the engineers were working tirelessly to achieve an effective MCAS software upgrade to avoid similar cases in future.

Getting the 737 Max back in the air and restoring public confidence in the aircraft is crucial to the future of Boeing, a critical driver of the USA economy that is locked in an existential duel with Europe's Airbus.

The Federal Aviation Administration, which has come under fire over the way it made a decision to certify the plane and its so-called MCAS anti-stall software, cautioned the investigation had not yet concluded.

Ethiopian black box investigators confirmed Thursday that a new flight control system called MCAS, which can send the plane automatically into a nose-dive in certain unsafe situations, was activated in the final minutes of the Ethiopian flight.

Unfortunately, the pilots also reported issues with portions of the manual flight controls after MCAS was turned off.

The proper response to MCAS emergencies, Leeham Co analyst Bjorn Fehrm said, is to correct the unsafe nose-down "trim" using electronic thumb switches, then turn off MCAS and trim manually with the wheel.

Every plane crash typically involves multiple contributors, and the detailed Ethiopian report chronicles many factors that occurred over a matter of minutes leading to the accident. "This is territory we are going to see more of", Hart said.

The anti-stall system, called MCAS, automatically lowers the plane's nose under some circumstances to prevent an aerodynamic stall. The trim system is also used to stabilise a plane.

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