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

U.S. aviation regulator pledges rigorous certification for Boeing 777X

Published 11/20/2019, 09:38 AM
Updated 11/20/2019, 09:38 AM
© Reuters. FILE PHOTO: Several Boeing 777X aircraft in various stages of production

DUBAI (Reuters) - The U.S. aviation regulator will ensure certification of Boeing's (N:BA) 777X wide-body jet is conducted rigorously, the agency's head said on Wednesday while reaffirming that its review of the grounded 737 MAX will not be rushed.

Problems with a number of aircraft models have led some airlines to accuse plane and engine makers of over-promising on performance capabilities, while the grounding of Boeing's 737 MAX after two fatal crashes has increased scrutiny of testing and certification.

The comments from Steve Dickson, administrator of the U.S. Federal Aviation Administration (FAA), come a day after Emirates -- Boeing's largest 777X customer -- demanded that the aircraft be tested for at least 16 months to ensure it is safe to fly and meets performance expectations.

"I did meet with Emirates and we had excellent dialogue," he said at the Dubai Airshow when asked if the 777X certification would be tougher in light of recent events.

"Perhaps there will be more emphasis on making sure that the systems, as they evolve, are effectively integrated across the entire product and that we are not looking at issues in a fragmented fashion."

On the continuing review of the 737 MAX, Dickson last week said his team would take "whatever time is needed", having previously pledged a data-driven methodical analysis, review and validation of the systems and pilot training required to safely return the MAX to commercial service.

Dickson reiterated on Wednesday that the FAA is not following any timeline for the model's return to service, adding that time pressure cannot influence the regulatory process.

"We are going to make sure we are very methodical and very diligent. We are not delegating anything," he told reporters at an airshow briefing.

© Reuters. FILE PHOTO: Several Boeing 777X aircraft in various stages of production

Boeing has said it expects the FAA to issue an order approving the MAX's return to service next month, with pilot training requirements for commercial flights to be granted in January.

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.