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CNBC
CNBC
1M ago 58 views

FAA to let Boeing sign off on 737 Maxes, 787s after years of restrictions

The FAA allows Boeing to sign off on some 737 Max and 787 Dreamliner planes, indicating improved confidence in the company's safety measures.
FAA to let Boeing sign off on 737 Maxes, 787s after years of restrictions
A What happened
The Federal Aviation Administration (FAA) has announced that Boeing can now sign off on airworthiness certificates for some of its 737 Max and 787 Dreamliner aircraft, marking a pivotal moment in the company's recovery from past safety crises. The FAA had previously restricted Boeing from issuing its own certificates following two fatal crashes involving the 737 Max in 2019 and production defects in the 787s in 2022. Under the new arrangement, the FAA and Boeing will alternate the issuance of these certificates, which are crucial for certifying aircraft as safe to fly. This decision comes after a comprehensive review of Boeing's production quality, allowing the FAA to focus on enhanced surveillance of the manufacturing process. Boeing's CEO has indicated a desire to stabilize production rates and potentially increase output in collaboration with the FAA, reflecting a cautious optimism about the company's future.

Key insights

  • 1

    Regulatory Shift

    FAA allows Boeing to regain certification authority.

  • 2

    Safety Oversight

    Increased FAA scrutiny aims to ensure production quality.

  • 3

    Production Stability

    Boeing focuses on stabilizing and potentially increasing production rates.

Takeaways

Boeing's regained certification authority signifies a positive step towards restoring confidence in its safety and production practices.

Read the full article on CNBC