Related Link: Boeing Option Trader Bets $3M On 10% More Upside Why It's Important: Regulators grounded the 737 Max back in March of last year following two crashes that killed 346 people. After lengthy investigations, regulators determined the planes' automated flight control system was involved in both crashes. Boeing has reportedly updated that system to make it safer and less aggressive. Now that the 737 Max is cleared for takeoff, Boeing will set out to stop the bleeding with its shrinking backlog. The company's outstanding orders dropped by 50 planes in October to just 4,275.