Oscar Munoz steps down as CEO, but will remain at United as executive chairman of the board .
United Airlines, one of three U.S. carriers that flew Boeing’s 737 Max, has pulled the grounded aircraft from its schedules through June.
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The new timetable is the most pessimistic to date from customers that also include American and Southwest airlines. Boeing recently halted production of the single-aisle jetliner, involved in two crashes that killed 346 people, which it hasn’t been able to deliver to customers since March.
The best-selling model in Boeing’s history, the Max is the latest version of an airliner introduced in 1967 and was designed at a time when jet fuel prices were spiking to be more fuel-efficient than its predecessors. Deliveries of the planes didn’t start until mid-2017, and only about 70 were flown by U.S. carriers when the Federal Aviation Administration told airlines not to use them while a fix for anti-stall software linked to both crashes was developed.
