Boeing 737 MAX may not return to service until August: IATA head

The first two 777X test aircraft are undergoing on the ground testing

The first two 777X test aircraft are undergoing on the ground testing

Boeing CEO Dennis Muilenburg, meanwhile, declined on Wednesday to give a timetable.

"The implementation of this angle of attack alert was a mistake", he told CBS.

Boeing has cut it production schedule of the 737 MAX and halted new deliveries, necessitating additional storage capacity in Washington and Texas, he said.

"I'm fairly confident that the Ethiopian Airlines flight probably would not have crashed if they had had the AOA disagree alert", Brady said, referring to the safety software.

United Airlines' chief executive Oscar Munoz tells CNBC he will be on the first Boeing's 737 Max flight.

While the airliner is not even decided upon yet, it is believed to be Boeing's attempt to focus on the overlooked "middle market" and could be designed for the 8 to 10-hour travel on routes such as NY to Los Angeles in the USA, or medium-range flights connecting the US, say, Chicago, to cities in Europe.

The FAA did not learn of the issue until after the Lion Air crash, more than 13 months after Boeing first unearthed the problem.

Boeing said in a statement a month ago that the "alert has not been considered a safety feature on airplanes and is not necessary for the safe operation of the airplane".

Elwell said all the right things to lawmakers, telling them his agency "welcomes scrutiny that helps make us better".

Grace Kelly's granddaughter marries in Monaco
Rassam, 37, is the son of French actress and model Carole Bouquet and French film producer Jean-Pierre Rassam. For her nuptials, Charlotte was wearing a short lace Saint Laurent dress with a pair of white strappy heels.

The alert is about flagging that the readings from the plane's two angle of attack sensors don't match.

The CBS News anchor asked Muilenburg if both planes were affected by the wrong information from the flight sensor and if he knew that situation why he did not report it to the FAA, to which he replied that: "the implementation of that software, We did not do it correctly".

He said: "Our communication on that was not what it should have been".

IATA's most recent projection for US$35.5 billion in industry profits this year now looks unsustainable due to the falling cargo market and weaker passenger growth, and de Juniac has given a strong steer that the group would trim the forecast at the upcoming Seoul meeting.

IATA plans to organise a summit with airlines, regulators and Boeing in five to seven weeks to discuss what is needed for the 737 MAX to return to service, he said.

He hoped that regulators could "align their timeframe" on when the aircraft would be back in the skies.

Mike Trevino, a spokesperson for the Southwest Airlines Pilots Association, told CNN his group does not believe simulator training should be a prerequisite for returning the 737 MAX to service.

Earlier on Wednesday, Muilenburg told an investor conference in NY that the company will tailor its compensation to airlines for the 737 MAX grounding around customer preference, and they could be paid back in services instead of cash.

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