SEOUL, May 19: The International Air Transport Association (IATA) will organise a summit with airlines, regulators and manufacturers in 5 to 7 weeks to discuss what is needed for the Boeing Co 737 MAX to return to service, the airline group’s head said on Wednesday.

American multinational aircraft manufacturing company Boeing knew that their 737 Max aircraft was experiencing problems months before the deadly Indonesia Lion Air crash last October but failed to disclose the issue to federal regulators until after the incident.

PARIS, April 8: Boeing’s decision to cut production of its 737 aircraft hit the shares of its suppliers on Monday, while its own shares were lower in U.S. pre-market trading.

CHICAGO/SEATTLE, April 6: Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20 percent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane back in the air anytime soon.