Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Europe regulator sees November lifting of Boeing 737 MAX flight ban

Published 09/25/2020, 06:23 AM
Updated 09/25/2020, 01:25 PM
© Reuters. A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle

By Tim Hepher and Laurence Frost

PARIS (Reuters) - Boeing (NYSE:BA)'s grounded 737 MAX could receive regulatory approval to resume flying in November and enter service by the end of the year, Europe's chief aviation safety regulator said on Friday.

"For the first time in a year and a half I can say there's an end in sight to work on the MAX," said Patrick Ky, executive director of the European Union Aviation Safety Agency (EASA).

EASA expects to lift its technical ban "not long" after the U.S. Federal Aviation Administration (FAA), probably in November, but national operational clearances needed for individual airlines to resume flying in Europe could take longer, he said.

"We are looking at November," he said when asked when the technical ban would be lifted. China is expected to take longer to give its own approval, he said, without elaborating.

Boeing shares were up 3.3% in mid-session trading, against a fractionally higher market.

Cologne-based EASA, which regulates air safety in 32 mainly European Union countries, has locked horns with the FAA and Boeing over the scope of an international review into 737 MAX systems following two fatal crashes in 2018 and 2019.

All but one of the differences has been resolved, Ky said, with EASA, supported by some unions, calling for pilots to be able to manually cut power to a "stick shaker" alarm system suspected of distracting Lion Air and Ethiopian Airlines crew.

The main focus of the review has surrounded black-box evidence that bad data from a single faulty flight-angle sensor triggered a cockpit software system that repeatedly pointed the aircraft's nose down and overwhelmed the crew on both flights.

Boeing has said inputs from both "angle of attack" sensors on the MAX will be used in the modified aircraft, instead of just one in the past, but EASA has called for a third "synthetic" sensor to provide independently computed data.

Ky said Boeing had agreed to install the computerised third-sensor system on the next version of the plane, the 230-seat 737 MAX 10, followed by retrofits on the rest of the fleet later.

Boeing declined detailed comment on the additional sensor.

"We are committed to addressing all of the regulators’ questions and meeting all certification and regulatory requirements," a spokesman said

Turning to Boeing's next development, Ky warned EASA would examine the 400-seat 777X development "much more closely" than it would have done if the MAX grounding had not happened and pay particularly close attention to flight control systems.

The MAX crisis has shaken a system of co-operation between regulators and thrown into question the practice of routinely accepting decisions by the lead regulator, in this case the FAA.

© Reuters. A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle

EASA and the FAA - the world's largest aviation regulators - will continue to recognise each other as the leader when certifying aircraft built in their respective countries, but are expected to get more involved in checking each other's homework.

Latest comments

good news
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.