Boeing 737 MAX software upgrade 'operationally suitable': FAA panel

REUTERS: A review by a U.S. Federal Aviation Administration panel into Boeing Co's grounded 737 MAX aircraft found a planned software update and training revisions to be"operationally suitable," the agency said Tuesday, an important milestone in getting the planes back in the air.

The panel evaluated the software update to MCAS for"training and checking differences determination," the report said."The MCAS system was found to be operationally suitable."Boeing is under pressure to upgrade the software and convince global regulators that the plane is safe to fly again, a process expected to take at least 90 days.

"Shareholders would benefit from the most robust form of independent oversight to ensure that the company's management is able to regain the confidence of regulators, customers and other key stakeholders, ISS said in a report ahead of Boeing's annual shareholders meeting April 29.

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