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5/8, 4:40 PM (Source: TeleTrader)
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Boeing plans to restart 737 MAX production in May

Boeing Company plans to restart the production of its 737 MAX planes in May, CEO David Calhoun said on Friday.

"I am confident we will start our line this month on the MAX again," Calhoun told Fox Business.

Last year, the aerospace giant halted the production of the model due to two deadly crashes involving the 737 MAX aircraft.

Boeing's shares rose 3.21% at 10:26 am ET.

Breaking the News / NP