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Boeing 737 MAX cleared to fly by FAA

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Boeing 737 MAX jets stored in Seattle, Washington. Photo: Stephen Brashear/Getty ImagesThe Federal Aviation Administration on Wednesday Boeing's 737 MAX to fly again in the U.S. — 20 months after the plane’s worldwide grounding.Why it matters: A pair of fatal laid bare the gross oversight and safety lapses on the part of Boeing and the FAA. The fallout led to the resignation of top executives — — a criminal investigation, and the company’s biggest financial hit in its centurylong history.The state of play: The planes likely won’t be in the air for several more weeks, if not months. Airlines will need to update the flight software, and pilots will need training. Catch up quick: In both MAX crashes — which killed 346 people — pilots lost control of the MAX when a sensor in its flight control system malfunctioned and relentlessly pushed the nose of the plane downward. The big picture: Orders of the company’s best-seller were expected to rebound after the ungrounding. That was before the pandemic hit — and before fears about contracting the virus led to a collapse in travel. The bottom line: Even when consumers do feel safe to fly again, the MAX will have to overcome the reputational damage from the crashes..Israel is drafting a strategy for engaging with the incoming Biden administration on Iran, two Israeli officials tell me.What they're saying: “We don’t want to be left out again," Israeli Foreign Minister Gabi Ashkenazi told the Knesset foreign relations committee in a classified hearing last week. He said Israel had to avoid the mistakes that left it isolated as the Obama administration negotiated the 2015 Iran deal.A group of Republican senators led by Tom Cotton (R-Ark.) sent a letter to President Trump this week urging him to issue an executive order allowing goods produced in the Jewish settlements in the West Bank to be labeled “Made in Israel." Axios obtained a copy of the letter.Why it matters: While the rest of the world views the settlements as illegal under international law and not part of Israel, the Trump administration has taken several steps intended to legitimize them and blur the differentiation between Israel and the West Bank.Plenty of garbage startups have been funded over the past decade, including a couple of outright frauds —&nbsp;and tech innovation doesn't always move as linearly as we'd like, or replicate the future as imagined by TV scriptwriters.Yes, but: While startups and their investors were being bashed on social media, at least a few of them were laying the building blocks for technologies that could help let humanity recover its ability to work, play and spend time with loved ones.

Boeing 737 MAX jets stored in Seattle, Washington. Photo: Stephen Brashear/Getty ImagesThe Federal Aviation Administration on Wednesday Boeing's 737 MAX to fly again in the U.S. — 20 months after the plane’s worldwide grounding.Why it matters: A pair of fatal laid bare the gross oversight and safety lapses on the part of Boeing and the FAA. The fallout led to the resignation of top executives — — a criminal investigation, and the company’s biggest financial hit in its centurylong history.The state of play: The planes likely won’t be in the air for several more weeks, if not months. Airlines...

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Boeing 737 MAX cleared to fly by FAA

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