'If I were Boeing, I would FIX the Boeing 737 MAX': Trump offered his advice to the troubled aviation giant after 2 deadly crashes

Reuters

President Donald Trump gives an address in front of a Boeing jet.

• President Donald Trump said in a tweet Monday that Boeing should fix, add new features to, and rebrand its 737 Max planes.
• Boeing is working on a fix, building a software update for the planes, and is making additional safety features standard.
• It has not outlined planes to rebrand the 737 Max.
• "What do I know about branding, maybe nothing (but I did become President!)," Trump tweeted.
• Boeing's reputation and stock has taken a hit after the two disasters, and its CEO has apologized while pledging to win back travellers' trust.

President Donald Trump advised Boeing to fix its 737 Max jets, adding new features and rebranding the plane after it was involved in two deadly crashes in five months.

Boeing is already working on a fix to the planes, creating on a software update that will address problems with the plane's automated MCAS anti-stall software system.

Read more: Boeing just unveiled how it's going to fix the 737 Max that was grounded after 2 fatal crashes in recent months

Preliminary reports into two fatal crashes that killed just under 350 people - a Lion Air crash in October 2018 and an Ethiopian Airlines crash in March 2019 - found that in both cases the MCAS system did not work correctly, and Boeing's CEO has apologized for both crashes.

The 737 Max planes will remain grounded around the world until the US Federal Aviation Administration and its equivalent regulators in other countries approve the fix.

Boeing will also add safety features that were previously optional extras on the planes as standard, the New York Times reported.

Read more: Boeing's reputation has been stained by the 737 Max, and it's going to have to fight to convince people the plane is safe

Boeing has not outlined any plans to rebrand the plane, as Trump suggested.

The aviation giant's reputation and stock has taken a hit after the two disasters, and airlines are continuing to cancel flights into the summer as they wait for an update on the new 737 Max software. Its CEO has pledged to "earn and re-earn" the trust of the flying public.

• Read more about the Boeing 737 Max crashes:

• Boeing's 737 Max 8 nightmare and troublesome politics threaten the US's standing as the global aviation leader

• The US is threatening tariffs on $11 billion worth of European goods over subsidies to Airbus, whose rival Boeing is enduring its most difficult period in decades

• Passengers on Southwest Airlines thought they were flying on a Boeing 737 Max after confusion about their onboard safety cards

• Boeing's CEO says the weeks since the second crash of a 737 Max plane have been the 'most devastating' of his career

• Boeing's problems are mounting and things are going to get worse before they get better

Get the latest Boeing stock price here.