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Boeing 737 Max is safe to fly again, Europe's aviation regulator says

Key Points
  • Europe's aviation regulator has said Boeing's 737 Max aircraft is safe to fly again.
  • Boeing is yet to implement a software upgrade on the 737 Max that the regulator called for.
  • The 737 Max was grounded in March 2019 following two accidents that left 346 people dead.

In this article

Expecting Boeing 737 Max deliveries to start in early 2021, but at a low level: Jefferies aerospace analyst
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Expecting Boeing 737 Max deliveries to start in early 2021, but at a low level: Jefferies aerospace analyst

Europe's aviation regulator has declared Boeing's 737 Max aircraft safe to fly after it was grounded in March 2019 following two accidents that left 346 people dead.

Patrick Ky, executive director of the European Union Aviation Safety Agency, told Bloomberg Friday that he's satisfied with the changes Boeing has made to the aircraft, adding that the aircraft could return to the region's skies before the end of 2020.

The announcement comes even though Boeing is yet to implement a software upgrade that his agency demanded. It could be two years before it's ready.

After more than half a year with no orders, Boeing announced that it had sold two 737 Max planes to Polish charter airline Enter Air in August.

Boeing and the European Union Aviation Safety Agency did not immediately respond to a CNBC request for comment.

Read the full story on Bloomberg's website here.