{"id":264721,"date":"2019-03-16T06:51:02","date_gmt":"2019-03-16T06:51:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264721"},"modified":"2019-03-16T06:51:02","modified_gmt":"2019-03-16T06:51:02","slug":"boeing-737-max-crashes-software-fix-will-be-costly-for-manufacturer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-737-max-crashes-software-fix-will-be-costly-for-manufacturer\/","title":{"rendered":"Boeing 737 Max crashes: Software fix will be costly for manufacturer"},"content":{"rendered":"<p>The software fix for Boeing Co.\u2019s 737 Max models may end up costing the Chicago-based aircraft manufacturer billions of dollars as it redesigns a computerized flight-control system on hundreds of jets sitting idle around the world.<\/p>\n<p>The fixes alone for the revamped version of Boeing\u2019s single-aisle workhorse 737 could cost the company around $500 million if everything is resolved in six to eight weeks, according to Canaccord Genuity analyst Ken Herbert.<\/p>\n<p>Delivery delays and reimbursements to airlines for flight disruptions would add another $2 billion in lost cash flow each month the planes are kept on the ground by regulators, Herbert said. Boeing could make much of that money back if deliveries resume promptly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The software fix for Boeing Co.\u2019s 737 Max models may end up costing the Chicago-based aircraft manufacturer billions of dollars as it redesigns a computerized flight-control system on hundreds of jets sitting idle around the world. The fixes alone for the revamped version of Boeing\u2019s single-aisle workhorse 737 could cost the company around $500 million if everything is resolved in six to eight weeks, according to Canaccord Genuity analyst Ken Herbert. Delivery delays and reimbursements to airlines for flight disruptions would add another $2 billion in lost cash flow each month the planes are kept on the ground by regulators, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-264721","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264721"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264721\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}