WRAPUP 3-Boeing sees fix for latest 737 MAX software flaw in September

Boeing Co will take until at least September to fix a newly identified problem on its grounded 737 MAX, a company official told Reuters, meaning the workhorse jet's return to service will be delayed until October at the earliest, significantly longer than most airlines had expected. Boeing shares closed 3% lower on Thursday, after the Chicago-based company told air carriers that it would complete the latest software update for the 737 MAX by September after a new issue arose last week during a simulator test. Once Boeing completes the update, the U.S. Federal Aviation Administration must review the fix and the results of a certification test flight that will not be scheduled until at least September, a process that will take at least two to three weeks.

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