David Schaper

Boeing suggests it could fly about mid-2020. Industry sources note that the FAA and other regulators around the world could take months longer to find the planes safe to fly passengers.

The nation's largest export manufacturer is at a crossroads. As Boeing reels from its 737 Max crisis and welcomes a new CEO, decisions made now could decide its competitive future for decades.

Boeing's new CEO David Calhoun has served on the company's board of directors since 2009, leading some to worry he can't bring an outsider's perspective and shake things up.

A new CEO takes over at Boeing Monday following two deadly 737 Max crashes. David Calhoun will work to win regulators' approval to get those planes flying again, and try to regain the public's trust.

Documents released by Boeing related to the design of the 737 Max show disrespect and disdain for the FAA's role in certifying the troubled and now-grounded aircraft.

Employees bragged about getting approval for the jets without having to give pilots much new training. One employee says, "This airplane is designed by clowns who ... are supervised by monkeys."

Air travel is much safer today because of an increased reliance on automation. But experts say it's harder for pilots to take over when something goes wrong.

Production will stop in January. The jets were grounded after two crashes that killed nearly 350 people. Despite being grounded, Boeing continued cranking the planes out at its factory near Seattle.

The company said it is waiting for federal regulators to certify fixes for software blamed for two catastrophic plane crashes that killed 346 people.

Boeing may stop production of its troubled 737 Max jets now that the FAA has said it may be months before the plane is certified to fly again. That could mean job cuts at Boeing and beyond.

A day after hearing criticism from Congress that his agency is too cozy with the manufacturer, the FAA administrator warned Boeing's CEO not to expect quick recertification of the grounded planes.

Federal Aviation Administration administrator Stephen Dickson went before Congress on Wednesday to defend his agency's role in the wake of the Boeing 737 Max jet debacle.

Boeing is grappling with more than just fixing the technical problems with its 737 Max planes. Two crashes of the new plane have undermined trust in the aircraft manufacturer.

"I don't see running away from a challenge, resigning, as the right solution," Dennis Muilenburg said. A lawmaker asked him if he was taking a cut in pay, prompting the CEO to give up his bonuses.

Boeing executives' testimony suggests the company knew enough to at least question the safety of continuing to fly the 737 Max after the first of two deadly crashes involving the aircraft.

Boeing's CEO faced tough questions on Capitol Hill Tuesday about design flaws that caused two deadly 737 Max plane crashes. Though admitting making mistakes, some of his answers angered lawmakers.

Dennis Muilenburg was grilled about whether Boeing had a cozy relationship with the FAA and if the airline tried to conceal information about flaws in its onboard flight-control system, called MCAS.

As Boeing developed the 737 Max, insiders say management pressured to keep the plane on schedule and costs down, a dramatic cultural shift in a place where safety had traditionally been paramount.

Boeing reported a big cut in profits on Wednesday as the 737 Max remains grounded. The company fired a top executive as questions remain about when the Max will return to service.

The news comes on the eve of Boeing's release of third-quarter financial results, continuing the repercussions from two 737 Max crashes that killed 346 people.