Boeing CEO: Software Update for Max 737s Soon

The transcript discusses Boeing CEO Dennis Muilenburg's efforts to address safety concerns following the Lion Air and Ethiopian Air crashes. It highlights the planned software update for the 737 Max and the importance of pilot training. The transcript also covers the ongoing investigation by the US Transportation Department and Justice Department into the FAA's oversight of Boeing, with allegations of excessive delegation of control. Airlines like Air Canada and WestJet have reacted by adjusting profit forecasts, but analysts expect the impact to be short-term. The transcript concludes with a focus on the exposure of various airlines to the 737 Max grounding.

What concerns were raised by former NTSB chairman Jim Hall regarding the FAA?

What impact have airlines reported regarding the grounding of the 737 Max?