Financial hit from 737 Max will not slow appetite for services deals: Boeing CE

Boeing's CE said Tuesday that the financial fallout from the grounding of its 737 MAX jetliner would not slow the planemaker's appetite for deals in the higher-margin aircraft services sector. "Our ability to do those continues to be strong," CE Dennis Muilenburg said, referring to acquisitions it has made to enlarge its 2-year-old Global Services division. "We have the financial capacity to manage the MAX situation and continue to make our investments for the future," he said. The company is aiming to get the Max back in the air as soon as October. It has completed around 560 flights with the new software. "We still anticipate getting the return-to-service early in Q4," Muilenburg said. "We are making progress on that schedule." <br/>