Over the weekend, Boeing (BA - Get Report) CEO Dennis Muilenburg admitted at the Paris Airshow that Boeing should have been more transparent with the public and with regulators after the fatal Ethiopian airlines crash back in March.
Jim Cramer weighed in with his thoughts about Muilenburg's comments and what they mean for Boeing.
"Muilenburg is now doing what I had wished they had done a long time ago, which is to say we made a lot of mistakes, but it's coming back. I am very optimistic about Boeing now. I think the Max is going to come back. I think that they're going to solve whatever safety issues. I've talked to a number of pilots who have said, look...it was this addition that they didn't use any way that was confusing people. They'll fix the confusion and that I think that people are going to start buying the stock and you'll see it already with Southwest. So if you believe like I do that this thing's going to come back to life very quickly, much more quickly than the end of the year, then you should buy Southwest Air (LUV - Get Report) ."
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