Boeing shares rose Friday after news that the aircraft manufacturer intends to roll out a software upgrade for its 737 Max aircraft in the coming weeks.
A weeks-long turnaround would arrive much sooner than some had taken on Wall Street. Bank of America predicted this week that the aircraft maker would need three to six months to "confirm the update." Ethiopian Airlines Flight 302 crashed Sunday, less than five months after the flight of the Lion Air Boeing 737 Max 8 from Jakarta, Indonesia crashed, killing all 189 people on board. Both aircraft were new and were delivered by Boeing just months before those flights.
Of the more than 350 Boeing 737 Max jets in global fleets, 74 are flown by the US carrier United Airlines, American Airlines and Southwest Airlines, according to the FAA.
and Meghan Reeder contributed to the coverage.