Shares of Boeing ticked higher Friday after a report that the plane manufacturer plans to roll out a software upgrade for its 737 MAX aircraft in 10 days.

The report from Agence France-Presse, citing sources, comes after the U.S. grounded all Boeing 737 Max jets this week, following the lead of dozens of other countries. Boeing’s stock had tanked more than 11 percent this week after two fatal crashes.

Shares rose 1.3 percent following the report.

The FAA cited links between two fatal crashes as grounds to cancel 737 Max Boeing flights.

—This story is developing. Please check back for updates.

Products You May Like

Articles You May Like

Billionaires to Trump and other 2020 candidates: Please tax us
Successful side hustlers share their best secrets for keeping all the balls in the air
Firms look to attract and retain tomorrow’s financial advisors
Warner Bros. names Ann Sarnoff as new chair and CEO
Goldman Sachs is offering ‘peanuts’ to compensate for 1MDB, says Malaysian prime minister

Leave a Reply

Your email address will not be published. Required fields are marked *