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Southwest Airlines hit with its first Wall Street downgrade since Boeing’s 737 Max crisis began

The low-cost carrier warned investors in March that its first-quarter profit would be hit by the plane's grounding.
Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington.

UBS is cutting its Boeing estimates in the face of the company’s 737 Max crisis

The Wall Street bank cut its price target for the stock by $25 to $500 while lowering its delivery estimates for the embattled plane.

Senate investigating whistleblowers’ claims that government safety inspectors who approved Boeing’s 737 Max plane lacked sufficient traini...

The Senate committee said in a letter to the FAA that multiple whistleblowers have come forward following Boeing's two deadly crashes. Read it here.
Three Boeing 737 fuselages on an embankment on the Clark Fork River after a BNSF Railway train derailed near Rivulet, Montana, in 2014.

Boeing’s 737 Max crisis could have a bigger effect on the US economy than the government shutdown

If Boeing is forced to stop producing the plane that's crashed twice, it could knock a huge chunk of the US' economic output, JPMorgan is warning.

Ethiopian CEO says the airline still ‘believes in Boeing’ after the 737 Max crash

Ethiopian Airlines is standing by Boeing after the fatal crash earlier this month involving one of the company's 737 Max 8 aircraft.

The FBI is reportedly joining the government’s investigation into Boeing’s 737 Max plane

The Pentagon and the Department of Transportation are already looking into how the plane that crashed twice in five months got certified to fly.

Here are the airlines that will benefit from Boeing’s 737 Max 8 being grounded by the government after 2 deadly crashes

Spirit, Hawaiian, and American could benefit from Southwest grounding its fleet of 737 Max aircraft, according to the Stifel analyst Joseph DeNardi.

Boeing’s software update to the 737 Max 8 was reportedly delayed more than a month because of the government shutdown

The Wall Street Journal reported Wednesday that the government shutdown delayed an important software fix to the Boeing 737 Max 8 for five weeks.
An American Airlines Boeing 737 Max 8, on a flight from Miami to New York City, lands at LaGuardia Airport on Monday morning, March 11, 2019 in the Queens borough of New York City. Boeing's stock dropped more than 12 percent at the open on Monday, a day after a second deadly crash involving the Boeing 737 Max 8, the newest version of its most popular jetliner.

Trump announces all Boeing 737 Max jets are immediately grounded following its 2nd crash in 5 months

The US had resisted calls to ground the plane as much of the rest of the world did so.