Strome Business Minute With Dr. Jeff Tanner

Southwest Airlines just cancelled all flights for the Boeing seven thirty seven Max through March, as Boeing continues to work on problems that led to two crashes. The software glitches were expected to be fixed in a matter of weeks but Bloomberg reports that flight simulations last June identified additional problems stemming from antiquated computer systems. Boeing hopes to have fixes in place and the plane certified to fly by the end of this year, but Southwest’s decision to pull flights through March is important. Southwest flies nothing but Boeing seven three sevens and their delay will likely be matched by other airlines. In addition, Southwest’s board ordered the company to look at buying alternative planes, a major shift in strategy.