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\"Through our comprehensive review process with the FAA, we determined last week there’s an additional flight condition we must address to reduce pilot workload and ensure the safety of the airplane and the flying public,\" Muilenburg said.

He said Boeing agrees with the FAA that they \"must take action,\" and that they're \"already working on the required software.\"

Boeing said in a SEC filing on June 26 that it will not offer the 737 Max for certification by the FAA until we \"have satisfied all requirements for certification of the MAX and its safe return to service.\"

\"We know every person who steps aboard one of our airplanes places their trust in us,\" Muilenburg said in a release. \"We are focused on re-earning that trust and confidence from our customers and the flying public in the months ahead.\"

Southwest Airlines, United Airlines and American Airlines have all extended flight cancellations related to the Boeing 737 Max grounding through the fall.

ABC News' David Kerley and Samantha Spitz contributed to this report.

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