but in 1970 boeing changed. in merged with competitor mcdonnell douglas. 2 companies with 2 very different business models. the merger was all about transforming our successful culture and business model into the same business model the doll dogs had used unsuccessfully you basically shortchanging hearing is stop doing aggressive new product go into your other business for care. the new boeing moved its headquarters from seattle the only home the company had ever known to chicago. it began slashing investment in research in order to cut costs. and maximize wall street returns. i felt was wrong i felt the company was going to come in the wrong direction and. i thought that quality would suffer and the integrity of the product would suffer. the feel that they like to see him now history in a clump of time. has been hijacked. by a bunch of course. by 2003 it was time to launch a new plane. but boeing's new board was reluctant to invest the billions needed. the board made it clear that. they wanted this plan made fo

boeing 737 max returning to the skies. now the year-long investigation, how a flawed flight control system led to disaster. >> it was given the power to try to kill them essentially until it finally succeeded. >> and what a flight simulation may reveal about the final minutes. >> pull up. pull up. >> plus live science, from creating the largest nerf gun to showing how germs spread, why he is trending in the pandemic. >>> and the holiday home coming that is worth the six-month wait. "nightline" will be right back. , you barely know they're working. new febreze fade defy plug works differently. it's the first plug-in with built-in technology to digitally control how much scent is released to smell 1st day fresh for 50 days. it even tells you when it's ready to be refilled. upgrade to febreze fade defy plug. >>> good evening and thank you for being with us, grounded no more, the 737 max set to take off. the crash fresh in the lives of loved ones, demanding accountability. >> it was a brand new model called the boeing 737 max-

boeing how's it managed to turn this around. well i'm not an engineer but i have the feeling what definitely details that boeing did not have to reveal in the entire plane but basically fix them the software issues that boeing had far as i understand it has been the longest grounding in the history of the u.s. aviation industry and so now after 21 months the plane is back in the skies. will it take boeing to recoup its losses to write. your 1st of all i've seen the number $20000000000.00 so that's about what the grounding did cost to boeing and i saw some estimates that it actually might take until the end of the decade before all the losses are recruit so clearly financially a big impact for boeing and then we shouldn't forget them it's not just the grounding that deterred boeing but it's also the pandemic that deterred the entire education industry on the upside there is still about this 3000 outstanding orders for those 37 planes so it is the most important model in the fleet of point bringing us back down to the ground for a

will take boeing to recoup its losses to. you know 1st of all i've seen the number $20000000000.00 so that's about what the grounding did cost boeing and i saw some estimates that it actually might take until the end of the decade before all the losses are recruit so clearly financially a big impact for boeing and then we shouldn't forget them it's not just the grounding that deterred boeing but it's also the pen demick that deterred the entire education industry on the upside there is still about this 3000 outstanding orders for those 373 max planes so it is the most important model in the fleet of point bringing us back down to the ground for a moment completely different topic how much closer are americans to getting a bigger stimulus check. yeah i mean that's the big debate so actually there is unity more or less and congress in the house of representatives always sought to increase the $600.00 checks per american adult citizen to $2000.00 so we have the support of us president donald trump there seems to be even some rep

in terms of boeing's reaction, they said they are studying this report.hen they have had a look at it fully. but it is not clear what this will mean in terms of flights here in the future. what has the faa said? and they replied at all over reacted to this report? they have not made a public statement. they have been publications that have tried to reach out to them and they reported that the faa has said that they are also studying the report as well. but as you said, that's just been released, so it is a moving story. 0k, thank you very much for that. hospitals across the south east of england have begun cancelling non—urgent operations, with some struggling to cope with double the number of covid patients than they had in the spring. it comes as government scientists have expressed growing concern about the new variant of covid—i9 amid fears it could be making the virus more infectious and harder to contain. today, the prime minister said he was hoping to avoid a third national lockdown in england, but acknowledged that rates of infection had increased

to miss i'm sorry montecito go in washington coming up canada completed its independent review of boeing 737 and could see its return in january going to discuss some of the risks and safety of the plane with an aviation expert and more about. that now is facing a new lawsuit we have a tech round up with the host an investigative journalist have a lot to get to so let's just start. following making headlines once again as canada has approved boeing 737 marks jet return the country's aviation regulator said it expects to lift its flight ban on the jet in january adding transport canada aviation safety experts have completed their independent review of the design changes to the boeing 737 max aircraft recently certified by the united states federal aviation administration and have now validated these changes this was the longest grounded aircraft since the 2 fatal crashes that killed a total of 346 people back in 20021004 more on this and the. captain down a stager the communication committee chairman with the pilots association thank you for joining us and for coming back to us i want to

is looking closer than complements the boeing that's happening because the f.a.a. something closer complements of them either way it's a safety culture and what matters is what we do going forward not denying the past and trying the jet better which metaphorically sounds like what they're attempting to do i'm certain it's its reputation here for boeing but. more more important its reputation here if something bad goes wrong on the other side we're here to make sure that doesn't happen all much like you said it is about building and regaining that trust that was once broken capped and on a stage or a communication committee chairman but the pilots association thank you for joining us today. thank you sir and happy holidays. the u.s. continues to pressure european mobile operators to replace china's telecom giant wall way as their main 5 g. suppliers will now and many are considering turning to samsung who already landed a $6000000000.00 deal with us giant bryson and currently while we equipment makes up nearly half of europe's 4 g. network this is a major concern fo

there has been a statement from boeing, up been a statement from boeing, up on their website, that saysort, and they take safety very, very seriously. the faa reportedly in us media said the same, that they are looking at the report and they will respond in due course. thank you, lebo. this is bbc news. the latest headlines: italy imposes a nationwide lockdown over christmas and new year as it tries to halt the sharp rise in coronavirus infections. more than 300 schoolboys freed from their kidnappers in nigeria are reunited with theirfamilies. around 200,000 people in the uk are thought to be suffering from so—called long covid — persistent health problems up to three months after they were infected with the virus. for some, like 38—year—old, natalie, the effects of long covid on her body have been devastating. emerging problem as new guidelines were published for doctors on how to diagnose and treat long covid. 0ur medical editor fergus walsh reports. natalie has worked as a frontline doctor during several deadly epidemics, including ebola in africa. but it's covid which has left its m

open and boeing is preparing for its 737 max to return to service.hil lebeau previews the key play >>> and hbo max and disney plus getting holiday cheer and they rack up new subscribers. it is tuesday, december 29, 2020, and you are watching "worldwide exchange" on cnbc ♪ sxw >>> welcome back here is where markets stand right now. futures pointing to a higher open with the dow up about 171 points, hopes of an expanded stimulus package and positive vaccine trials fueling the rally. we saw major averages climbing to fresh record highs yesterday, seeing gains of about half to nearly 1%. and the reopening trade got love yesterday. hotels, casinos, cruise lines, airlines all ending the day higher and the best performing stock yesterday was carnival but it wasn't gains across the board. the russell 2000 had its first two day losing streak since the middle of last month however the small cap index is still up nearly 20% for the year let's go worldwide now stocks in asia closing mixed, we did see alibaba rebound. and the nikkei was the big winner surging mor

boeing getting a landmark order for its 737 max jets with ryanair. joining us on the phone to discuss all of this, bloomberg's european aviation reporter sid phillips. let's talk about what is happening here. this is a monster deal for boeing. i am wondering on the timing for ryanair. just talked me through why michael o'leary is making such a big commitment at this point to such a controversial aircraft. sid: this is a massive deal for boeing, especially at a time when the max jet is going back into service after almost two years of being grounded following those two fatal crashes. it really shows the commitment for ryanair in terms of the growth that it sees coming up as travel returns from the pandemic. obviously ryanair, like everybody else, has cut capacity, but they have been talking about how they see an explosion of travel when travel is allowed and once the vaccines are all out, and covid is under control. alix: so why? what is ryanair seeing that is going to leave them this optimistic to really put some money into this? siddharth: it is a c

news out from boeing we'll get to phil la low with details. >> boeing announcing a big order for thee the boeing office where you'll see dave calhoun, ceo of boeing. that is not dave calhoun he's there with the ceo of r rye -- ryanair who is ordering 75 737 maxes this is important because the max has been just decimated by cancellations over the last year going all the way through october, boeing had 448 firm cancellations not even accounting for the adjustments which means they lost more than 1,000. you look at shares of boeing mentioning this earlier. they've taken out that previous high trading over $234 a share. we can't stress enough how important this is for boeing, the fact that these guys have gone to one of their most important customers and been able to secure an order for another 75 max's a $9 billion deal. these planes never sell for the full list prize. even at 4, $4.5 billion. it is important for boeing >> for thoefz us following the saga but not like you, minute by minute, we have diminished capacity around the world. how much is boeing still manufacturing? >> i would

>> no surprise i like boeing.the 737 max, but gaining back progress >> james >> be careful. s&p dropped. be careful i am long ubxy. >> dan >> pfizer, i think it will go back to 43 so i like pfizer here >> guy >> the mighty thor a lot of pentup demand for those. i look forward to jim's interview tonight on "mad money. >> we will see you back tomorrow night. >>> my mission is simple to make you money. i am here to level the plain field for all investors there is always a bull market some where i promise to help you find it. "mad money" starts now hey, i am cramer, welcome to "mad money." welcome to cramer-america. my job is not just to entertain you but to educate and teach you, call me at 1-800-743-cnbc or tweet me @jim cramer. after a day where the dow slips 201 points

" test pilots during re—certification tests after two fatal boeing 737 max crashes.

boeing 737 max returns to the skies above the united states are going to have lines passengers before the jet for the 1st time since it's grounding out that they have the crashes put their trust in the planes knew something. swerving to wade through thousands of pages of legal documents british business owners are left baffled by the new trade rules with the e.u. . and thinking of switching props for something more profitable it isn't the chinese families float branching out to make a bigger buck and it's all legal. i mean there's a lot that's their business to fatal crashes and a long time since it's global grounding now boeing 737 max is back in the air in the u.s. an american airlines flight using the max took off to say the federal aviation administration cleared the plane for a return to service last month that was after software upgrades pilot training improvements and new flight control safeguards. flight 718 was historic in a way the miami to new york route marks the return to u.s. skies of the 737 max it still has to win back passengers z.-a half of which say they're wary of

boeing 737 max aircraft has made its 1st commercial flight in the u.s. after being grounded for nearly 2 years the aircraft was taken out of service worldwide following 2 crashes that killed 346 people and the gallagher reports from miami. it was the longest grounding in the u.s. aviation history but boeing's 737 max is once again flying passengers in the u.s. and there are lines flight 718 flew around a 100 people to new york's la guardia airport all aware of the aircraft's troubled past on board american airlines president robert isom who says the recertification of boeing's work calls plane should inspire confidence this is an aircraft that has been more highly scrutinized than any ever before we're very confident that this aircraft is the safest in the skies and we're confident to be putting it back in the air and convert it to showing it to our customers and getting people back to where they want to go the 737 max was grounded in 2019 following 2 fatal crashes in indonesia and ethiopia that killed 346 people investigators blamed an automated flight

plus, boeing is hoping to reclaim its old highs.ll a long way to go but a big step taken today it's up 7% we'll explain when "power lunch" we'll explain when "power lunch" returns. we'll explain when "power lunch" returns. so do telcos. that's why they're going hybrid with ibm. a hybrid cloud approach with watson ai helps them roll out new innovations anywhere without losing speed. from telco to transportation, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. good work little buddy. ♪ ♪ i made a business out of my passion. i mean, who doesn't love obsessing over network security? all our techs are pros. they know exactly which parking lots have the strongest signal. i just don't have the bandwidth for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't. let's take care of business. at&t. >>> welcome back, everybody

the last year are boeing's defense has done very well.t is a stable business. we appreciate the work that we do for military for our servicemen and women we have a great number of accomplishments in light of all the other things that's happening on the commercial side amai amazing fleet of engineering these airplanes are out there and the military is accepting them and they have longer life of program which is fabulous fielgi fighting machines. it is one of the first to design and build and certify. this is one of the first the airplanes fly and we are meeting all the milestone. again, meeting all its developments and milestones. we have some terrific programs of the program, t >> one last question a lot of things have happened since your predecessor made this promise to "mad money. >> he did say it would be the first company to put someone on marches. it would not be elon musk, it would be boeing. >> is that the case when you put a man or women on mars >> we continue to maintain that's bullish every write as an objected company we still

we've got more for you coming after this report on boeing's 737 max jet.t is set to return to the skies 20 months after two deadly crashes grounded the whole fleet. the faa has cleared the redesigned plane for takeoff and grady trimble is live in dallas where he got a behind-the-scenes look right aboard its first test flight, right? reporter: we sure did, david. just today boeing announced ryanair will order additional 75, 737 max planes another sign the industry is going to embrace this aircraft. american airlines certainly is. they're returning the aircraft to commercial service on december 29th. before they do that they're letting employees go on demo flights to build their confidence and we were on one of those demo flights. fox business was onboard the boeing 737 max, it is officers flight with members of the public on it since the plane was grounded in march of 2019. in the air it feels like any other commercial plane. that is exactly how american airlines wants it to feel on this demo flight and every flight after. we landed in tulsa, oklahoma. this

this process is delaying boeing's typical delivery schedule. reason why it delivered no dreamliner's in the month of november. the cfo was speaking at an industry conference a few weeks ago and indicated that deliveries will remain slow in december as well. just to take a step back, it just adds to overall questions about boeing's reputation for quality, and if that is really what it once was, given everything that has happened with the 737 max. this is not the first headache to come with the 787 dreamliner. i just think you have to wonder if these planes are as great as they have been billed to be from boeing's perspective. alix: help me understand the normal stuff that happens with airplanes. there's going to be stuff that needs to be fixed or tweaked, or equipment that is not perfect. what is that, versus what is a real issue for boeing, and sort of a consistent flaw? brooke: we should say, this is not of the caliber of the issues with the 737 max that caused that 20 month grounding. this isn't -- this is in a different category. also with e

the boeing 737 max is set to return to the sky while some in the aviation industry are excited about the news relatives of victims who died and disaster is tied to the passenger jet well they're outraged by the idea artie's alex myhill of each has the latest. as technicians give the controversial judge the green light. families of those who died while flying on boeing 737 max eights say the plane should not be allowed in the air days saying the plane is safe but they haven't. because of the crash a total of $346.00 people died in 2 separate $737.00 max related disasters one in indonesia the other in ethiopia causing the plane to be grounded in march 2019 the incidents were blamed on an automated flight control system used by the aircraft however this november after what the us federal aviation authority called a comprehensive and methodical review the plane was cleared for takeoff once again for the 1st time in 20 months i can tell you that i am 100 percent confident in the actions that we have taken the design changes that have been put in place with the 737 max and i would put my o

now, as boeing ends production...s with heavy heart that we take—off on this last flight. ..covid—i9 has written the final chapter. the covid—i9 pandemic has decimated demand for air travel. worldwide, these giants of aviation are parking up — many to never fly again. british airways is scrapping its entire fleet of 31 7a7s. klm, virgin and qantas also saying goodbye. covid had a devastating impact on the aviation industry. we are not anticipating seeing particularly long—haul passenger demand return out to 2024-2025. there isn't enough demand to justify the use of a very large aircraft. loyal operators of the 747 imagined their 747s having another few years before they went into a gracious graceful retirement. instead, they've just had to stop them, that's it. applause sydney, and as a big farewell as the last qantas 7a7 jumbo jet departs australia for the breakage yard. radio: on this bittersweet day as we all suffer through this covid crisis — on behalf of australian people all over the country, many of whom have f

and taking off again boeing's 737 max resumes commercial flights in the u.s. maybe 2 years after it was grown. the flooding rain is receded the floods are receding from west and turkey the skies are clear right story around there is no more snow forecast to rather about 10 degrees but there is a circulation attempting to form here which might produce some fairly big showers don't look too substantial produce an easterly wind to its northern flank so through iraq and jordan our man picks that up but the weather generally speaking is fine in those saturday against the bulk of it the winds are not strong elsewhere as a light breeze in the dark $22.00 degrees now start the less cold than it was that the active weather is for the sas which is coming into potentially hurricane season we set to go tropical cyclone officially it's a tropical storm shallow and i would imagine it's pronounced in the french way 100 kilometer winds its early season so these aren't particularly damaging but like down his possible the way fight moment 3 meters and as it makes landfall $200.

it's reported that southwest is in talks with boeing. it is not necessarily going to be an additional order. it will be part of southwest's existing order, just repurchasing some of those jets. i don't know at this point if we should expect to see southwest topping up its order like ryanair did. boeing is struggling with a lot of carriers right now. they've been clear they don't need a lot of additional new planes in their fleet right now. i don't know that we will see necessarily a wave of airlines announcing orders along the lines of what we heard today from ryanair. i think a lot of these carriers are going to want to see some kind of recovery start to take place before they are willing to really expand their fleet. alix: such a good point. thank you very much, brooke sutherland of bloomberg opinion. in the next hour, we will speak to the ceos of boeing, as well as ryanair. you don't want to miss that. this is bloomberg. ♪ ritika: let's check in on the bloomberg first word news. i'm ritika gupta. fewer americans than expect it filed f

will take boeing to recoup its losses during. your 1st of all i've seen the number $20000000000.00 so that's about what the grounding did cost boeing and i saw some estimates that it actually might take until the end of the decade before all the losses are recruit so clearly financially a big impact for boeing and then we shouldn't forget them it's not just the grounding that deterred boeing but it's also the penn dam a kid that deterred the entire education industry on the upside there is still about this 3000 outstanding orders for those 373 max planes so it is the most important model in the fleet of point bringing us back down to the ground. completely different topic how much closer are americans to getting a bigger stimulus check. yeah i mean that's the big debate so actually there is unity more or less in congress and in the house of representatives always sort to increase the $600.00 checks per american adult citizen to 2000 dollars so we have the support of us president donald trump there seems to be even some republican

now boeing 737 back in the air in the u.s. an american airlines flight using the max took off the federal aviation administration cleared the plane for a return to service last month after a software upgrade training improvements flight control safe. was historic in a way the miami to new york route marks the return to u.s. skies of the 737 max. to win back passengers here off of which say they're wary of flying it but this isn't a test flight american is the carrier globally to resume flying this model and americans president has no doubts about the plane serviceability. from top to bottom and we're confident that it's ready to. meet its team. from the work with the from the work with our union safety committee. today american is planning as many as 91 max flights a day another airlines are likely to follow in the 1st quarter of the new year and welcome come back in a 2nd to facing an uncertain future the cold. 19 pandemic has left in one sparking hundreds of jets is demand home is it about 30 percent of $29000.00 levels many

there's already about ten globally but boeing has 450 boeing maxes sitting on the tarmac right now those aircraft valued at maybe 30 million apiece are taking a bunch of inventory on the balance sheet. so we have that inventory unwinding over '20, '21, '22 and '23. as that unwinds, it releases about $8 billion to $9 billion billion per year that's why it's so significant it's starting revenue services >> and you expect them to lose money on eps gap basisne next yr as well? will there be positive earnings in 2022? >> yes the reason is that a lot of airlines have already prepaid for these planes we're forecasting about 180 are delivered next year, they won't have to pay as much for them so the cash flow starts flowing in '22 and '23 the cash flows are about 10 to $12 billion in '22 and '23 we get about $8.5 billion in free cash flow we look out to 2024, that's a more normalized year and weep get -- we get a $300 stock as they generate closer to $10.5 billion in cash. >> let's talk about something a little more fun, which is actually flying itself for the third day in a row, more than a mil

ryanair has ordered 75 versions of boeing 737 max. the transaction is the biggest in two years for the plane model. it comes as a vote of confidence after boeing grounded the max for 20 months, following two deadly crashes. recoverye faith in the of the industry. if anything, relative to early productions -- projections we made with respect to recovery, developed with potential global distribution, if anything, accelerates our view of recovery. laura: denmark is to stop offering new oil explorations in the north sea as part of a goal to become fossil fuel free. the country is the european produceriggest crude and says oil output will end by 2050. the decision will cost about 13 billion krona. this is bloomberg. laura wright in london, thank you so much. coming up, as the u.s. grapples with record coronavirus cases, president-elect biden says he will ask all americans to wear a mask for 100 days. just 100 days, not a lifetime. that is next. this is bloomberg. ♪ >> my inclination, the first day i am inaugurated, is to say i am going to

boeing, orders translates into free cash flow for boeing. to are this stock to really work and to go much higher, you have to believe these orders are going to start coming in and i do believe they will in the meantime they've got 25 billion in liquidity caterpillar, i wouldn't touch it, not with copper up 75% since march, aluminum up 40% since march, steel up 65% since march. these moves will benefit caterpillar in a big, big way. great cef, good coo, too, really managing all of the moving parts. >> all right, jim. steph says bad move, you're trimming cat >> listen, steph and i do a lot of things in sync and what steph knows is that i have some stocks that she doesn't have, which is fine but if you look at the cleveland cliffs on iron ore, everything she's saying about copper is being felt in the iron ore industry if you talk about cyclicals in general, look at the greenbriar. i've got so much cyclical and industrial exposure that for me to add to boeing without reducing it somewhere else is a little bit foolish it's classic buy low and sel

t boeing, the 737 set to return to commercial service. ph phil lebeau will be on that first flight i made a business out of my passion. i mean, who doesn't love obsessing over network security? all our techs are pros. they know exactly which parking lots have the strongest signal. i just don't have the bandwidth for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't. let's take care of business. at&t. say hello to a drug-free way to ease stress. stress comfort. a gummy supplement with lemon balm plus saffron, to naturally boost your mood. stress comfort from nature's bounty. >>> good morning u.s. equity futures looking ready to set some new highs again after all three averages closed at records yesterday. the dow up 146 points, nasdaq indicated up 46 or so. s&p indicated up 17. i checked boeing, helping a little bit this morning on this news first passenger flight of

[applause] >> thank you, ellen, and boeing for their support of this series. and of course pay tribute to john glenn, for the series who is named after. he was a hero for all of us. and it is nice to be at the john glenn lecture. i went to the johnson space center. i went to the national research council research associate, you could say postdoc. and the experiment i proposed and was accepted was to study the changes of flight metabolism in spaceflight crews. you think, ok, go do it. accepting it was just the beginning. getting the crews to participate and the people to get the involvement that we needed, from the trainers as well as all the medical people and all, that was a big chore to do. but we did it. i had studied at baylor college of medicine with the researchers who had worked on the gemini program, and that was the first time that we had done actual measurements on astronauts from space. we got urine and blood samples and food samples and fecal samples. the idea was to study in great depth that crew of the gemini because we wanted to make sure we cou

now boeing 737 max plane has made its 1st commercial flight in the u.s. after being grounded for almost 2 years max was taken out of service globally following 2 fatal crashes that killed 346 people a u.s. congressional investigation blamed a culture of concealment and criticized regulators for their flawed oversight and gallacher reports. it was the longest grounding in the u.s. aviation history but boeing's 737 max is once again flying passengers in the u.s. american airlines flight 718 flew around a 100 people to new york's la guardia airport all aware of the aircraft's troubled past on board american airlines president robert who says the recertification of boeing's were a course plane should inspire confidence this is an aircraft that has been more highly scrutinized than any ever before we're very confident that this aircraft is the safest in the skies and we're confident to be putting it back in the air and convert it to showing it to our customers and getting people back to where they want to go 737 max was grounded in 2019 following 2 fatal crash

the boe haolds its final -- holds its final meeting.on a the cryptocurrency tops 22,000 this morning. scott minerd says it should be worth 400,000. very good morning to you. 6:30 a.m. in the city of london, 7:30 a.m. in brussels. we are potentially narrowing in on a brexit deal. market digest in the past 24 hours, fed getting moving to the back burner. the next to me for hours is whether or not d.c. can clinch a stimulus the. next 24 hours is whether or not d.c. can clinch a stimulus deal. record grimtates, a milestone when it comes to covid-19 deaths, more than 3800 fatalities. in germany, virus cases jumping by more than 48,000. we are seeing this divergence with covid and what is happening in the financial markets. we can take a look at where we trade this morning. they are starting to price in that optimism of stimulus out of washington, d.c. the benchmark in asia up .5 percent. s&p 500 futures extending gains north of .3%. back-to-back gains on the closed. modest selloff. some disappointed the fed did not reveal a plan to tilt towa

a successful day for boeing 737 max jet. completed its 1st passenger flight since march of 2019 passengers boarded american airlines flight 70000 from miami and landed in new york well ahead of schedule at 1 pm the plane maker put out a statement saying it's offering reluctant passengers some alternative options saying quote if a customer doesn't want to fly on a 737 max aircraft well they don't have to will provide additional flexibility to ensure our customers can be easily be accommodated if they prefer not to fly this aircraft type the jet was grounded for 20 months after the 2 fetal crushes that killed a total of 346 people american airlines plans to fly the 737 max for 2 flights each day and more aircraft will be gradually added to schedule next week for more on this we're joined by legal. contributor with america's lawyer for the latest efforts to keep the industry flying molly good to see you let's start with the latest on boeing 737 max a passenger plane it's resume flights for the 1st time in almost 2 years after t

sarah actually lifted it last month after boeing apparently agreed to the software upgrades and some new safeguards on that key fly control system that was of course linked to those 2 fatal crashes now american airlines is actually the 3rd carrier globally to get their flights up and going again with the 737 max there were 2 others that did it earlier this month and so between those airlines updated 737 max is now flown about $250.00 commercial flights and that's according to an aviation data firm so american airlines in fact has $31.00 of those aircraft and they're taking delivery of 7 more since if a lifted its safety ban but the real question of course will be who's going to fill those planes how is the airline industry doing in light of coded and some of these other problems that they've been facing but it's interesting about the 737 max being back in the air again and how people are going to feel about that it is and i know i've talked to the pilots and people before about this and how really it's it's been a main focus of the f.a.a. and how many will probably argue that now bec

ba from denver my question is about boeing. mind the democratic white house would have less defend spending. do you think is a good presumption that boeing would return to its 340 price and if so what do you think will happen >> mike, i will go to you, you love talking about planes and boeing what is its previous highs >> will it see its previous highs. it is not because of the biden administration, if you take a look at the defense contractor and sometimes they remain more stable they had a big order and that has declined and they have a big number some of the 737 max they're going to sell and not selling it for the same price as they originally wor i do think on the long run this was a place you wanted to be i don't mind boeing here it has bounced quite considerably 340, that's a long way up. that does not mean it is from the upside level >> bk, your thoughts on boeing >> i think 340 or 344 is a long way today. a lot of the good news so to speak is out of this i would take on the defense angle, i would think that the real def