Boeing Co (NYSE:BA, XETRA:BCO) has secured Federal Aviation Administration certification for its 737 MAX 10, clearing a major hurdle for the largest aircraft in its narrowbody family as it prepares to compete with Airbus' A321neo. Bank of America analysts said the approval should help Boeing stabilize production and deliveries as aircraft demand builds towards 2027 and 2028.
The FAA has certified Boeing's 737 MAX 10 after years of safety reviews, allowing the company to prepare deliveries of the aircraft backed by 1,555 airline orders.
Certification program included nearly 1,000 total test flights and extensive safety assessments and design reviews. Regulatory approval clears Boeing to deliver a single-aisle jet with the best seat economics and safety enhancements.
The FAA certified Boeing's 737 Max 10, the largest model in the best-selling family of aircraft. The plane, which was set to start flying in 2020, is years behind schedule after safety crises and engineering changes.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.