Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

FAA does not expect to certify Boeing 737 MAX 7 before end of year

Published 11/17/2022, 02:01 PM
Updated 11/17/2022, 02:36 PM
© Reuters. FILE PHOTO: Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. REUTERS/Jason Redmond/File Photo
BA
-

By David Shepardson

WASHINGTON (Reuters) -The acting head of the Federal Aviation Administration (FAA) said Thursday he does not expect the agency will certify the Boeing (NYSE:BA) 737 MAX 7 before a key deadline at the end of the year.

Acting FAA Administrator Billy Nolen said it "does not appear" the 737 MAX 7 will be certified by the end of the year.

Boeing is seeking a waiver from Congress of a December deadline imposing a new safety standard for modern cockpit alerts for the 737 MAX 7 and 737 MAX 10. Nolen said it is his sense the FAA cannot continue any certification work on the airplanes after late December without action from Congress.

Nolen's comments may put pressure on Congress to act in the coming week on two the variants of the MAX. Boeing did not immediately comment.

Boeing Chief Executive Dave Calhoun said last month he is confident the planemaker will get an extension from the U.S. Congress of a key deadline to get the MAX 7 and MAX 10 certified.

After Dec. 27, all planes must have modern cockpit alerting systems to be certified by the FAA, which would mean significant delays for the new MAX aircrafts' deployment unless Congress grants a waiver to extend the deadline.

Boeing said last month it expects the 737 MAX 7 to be certified this year or in 2023 and the MAX 10 to begin FAA certification flight testing in 2022 or 2023 and enter service in 2023 or 2024.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Earlier this month, Republican Senator Roger Wicker unsuccessfully sought to attach an extension of the MAX deadline to September 2024 to a defense bill. That effort was endorsed by the Chamber of Commerce this week.

The requirements were adopted by Congress as part of certification reform passed after two fatal 737 MAX crashes killed 346 people and led to the bestselling plane's 20-month grounding.

Latest comments

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.