Boeing shares slide as the latest 737 Max delay threatens holiday-season travel

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Boeing shares slide as the latest 737 Max delay threatens holiday-season travel
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Boeing's CEO said in August the jet is expected to hit skies in the fourth quarter, but recertification delays could keep the MAX grounded into 2020.

Boeing's stock slid as much as 4% on Monday after United Airlines and American Airlines announced an extended cancellation of 737 Max flights. United said Friday it would delay the jet's return to service until December 19. American announced Sunday it wouldn't bring the model back until December 3. Other airlines don't expect to see the jet's return until 2020, which could create issues heading into the busy holiday travel season.

Boeing's stock slid as much as 4% on Monday after United Airlines and American Airlines announced an extended cancellation of 737 Max flights. United said Friday it would delay the jet's return to service until December 19. American announced Sunday it wouldn't bring the model back until December 3. Other airlines don't expect to see the jet's return until 2020, which could create issues heading into the busy holiday travel season.

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