Both aerospace giants stand accused of receiving illegal subsidies and are subject to WTO investigations.
While more new planes are needed, Airbus predicts that overall there will be slightly fewer planes in the sky in 2038 than previously thought.
The grounding has forced Southwest to cut its growth, and its CEO has hinted he's considering buying other planes.
Southwest is the airline that brought low-cost travel to the masses with a simple strategy: Operate one kind of plane, offer only coach class, no meals, and fly to secondary airports. Since its first flight in 1971, Southwest has grown to carry more passengers in the U.S. than any other. But now the maker of the only type of plane it has ever flown — the Boeing 737 — is in crisis. Boeing's 737 Max planes have been grounded since March 2019 following its second crash in less than five months.
China is widely tipped to soon become the world's largest aviation market.
CNBC's Phil LeBeau joins "Closing Bell" to report the latest from an international panel's report that suggests the Federal Aviation Administration had too close of a relationship with Boeing prior to the 737 Max's disasters.
CNBC's Phil LeBeau talks with the Stephen Dickson, the new head of the Federal Aviation Administration, to discuss his leadership role, recertifcation of Boeing's 737 Max jet and more.
The new chief of the Federal Aviation Administration says he plans to test out Boeing's software changes to the 737 Max in a simulator.
An American Airlines mechanic has been arrested and charged with sabotaging an aircraft after he allegedly obstructed a plane's navigation system, prompting the crew to abort takeoff. CNBC's Phil LeBeau reports.
United Airlines said it won't fly the Boeing 737 Max until Dec. 19, 2019, which is more than a month later than expected. CNBC's Phil LeBeau reports.
United is moving its grounded 737 Max jets from Houston and Los Angeles to store them in Phoenix.
Boeing has posted job listings for a few hundred temporary workers who will help the company with 737 Max storage and maintenance at a facility east of Seattle.
Commerce Secretary Wilbur Ross told "Squawk Box" on Wednesday that the U.S. economy will see a boost when the Boeing 737 Max grounding is lifted.
Extended delays in getting Max in the air are difficult for airlines, since they work up to a year ahead of time coordinating schedules.
Boeing announced that there were no firm orders for the 737 Max since March and that the companies deliveries were at its lowest level since 2012. CNBC's Phil LeBeau joins "Squawk Box" with the details.
Gordon Bethune, former Continental Airlines CEO, and Ron Epstein, research analyst at Bank of America, join "Squawk Box" to discuss what investors and analysts are looking for in Boeing's July numbers.
The new FAA head gave comments on Boeing's 737 Max and when it could return to the skies. CNBC Phil LeBeau reports.
Bob Crandall, former American Airlines chairman and CEO, joins "Squawk Box" to discuss the airline industry's scramble to compensate for the loss of the Boeing 737 Max.
With Boeing's 737 Max grounded, airlines around the world are scrambling to meet the growing demand for air travel. Their answer is something called 'wet leases.' CNBC's Phil LeBeau reports.
The planes have been grounded worldwide since mid-March after two crashes within five months of one another claimed 346 lives.
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