PLANE-MAKING giant
The US manufacturer, which is currently in negotiations with the federal government about state aid to help it through the current crisis, suspended production of the model in January due to a lack of regulatory approvals and a 400 plane order backlog.
On Tuesday, US President
"We're not letting
He added: "And they're going to pay interest and they're probably going to give stock in their company to the people of our country, to the taxpayers of our country, to the citizens of our country".
Despite the coronavirus slump, the aerospace giant is now scaling up preparations to restart production amid hopes the plane will be approved to fly again by mid-2020. The 737 Max has been grounded for over a year after the model suffered two fatal crashes, which killed 346 people in total.
Sources told Reuters that
(c) 2020 City A.M., source