U.S. Markets open in 6 hrs 52 mins

Boeing Moves to Ensure 737 MAX Safety; American Airlines Cancels More Flights

Martin Baccardax

shares bumped higher Monday as the world's biggest planemaker moved to convince the global aviation industry that software changes in the flight system of its 737 MAX series would address safety concerns clouding the aircraft following to fatal accidents over three months. Boeing said more than 200 airline pilots, technical leaders and regulators would travel to its Renton, Washington manufacturing base Wednesday for an informational session on software and training updates for its Maneuvering Characteristics Augmentation, or MCAS, system. , the second-largest MAX 8 customer, said Sunday it would cancel around 90 flights per day and extend its truncated schedule until at least April 24 thanks to the ongoing grounding of the controversial aircraft by the Federal Aviation Administration two weeks ago.