Boeing Grounds 60 737 MAX Jets Due to Potential Power System Issue

Boeing (NYSE: BA) has requested that 60 737 MAX jets be grounded temporarily to address an electrical power system issue in those jets. The aerospace manufacturer said it reached out to 16 carriers who operate the jet due to a potential issue with a backup power control unit. U.S. customers Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), and United Airlines Holdings (NASDAQ: UAL) were among the airlines impacted, according to CNBC.