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Boeing says pandemic will cut demand for planes for a decade

Boeing says the pandemic will reduce demand for new planes for the next decade, long after experts expect a vaccine for COVID-19. The company updated its forecast of the airplane market on Tuesday. It remains upbeat about long-term prospects driven by increasing air travel in Asia. Boeing, which along with Europe’s Airbus dominates the aircraft-building industry, has seen orders and deliveries of new planes crumble this year. The Chicago-based company was already under pressure from the grounding last year of its best-selling plane, the 737 Max, after two deadly crashes. 

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Boeing finds a new issue with Max, debris in fuel tanks

Boeing has a new problem with the grounded 737 Max. The company has found debris inside the fuel tanks of some of the planes. Boeing said Tuesday the problem was discovered during maintenance work on planes that have been built but haven’t been delivered to airlines because the Max is still grounded after two deadly crashes. Boeing is testing changes in flight-control software after two crashes killed 346 people in Indonesia and Ethiopia. Boeing says the fuel-tank issue won’t change the company’s expectation that regulators will certify the plane to fly again sometime in mid-2020. 

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