Making Financial Headlines · Page 6
Boeing's Max 10 Finally Gets Past a Very Long Gate Wait
· New York time
Boeing has won FAA approval for the 737 Max 10 after years of delays, CNBC reported. The largest model in the Max family had been set to begin flying in 2020, but increased scrutiny and other safety issues delayed certification. Transportation Secretary Sean Duffy also said the certification process should be faster. Approval is a consequential regulatory milestone for Boeing and airlines awaiting the aircraft. It is not the same event as every planned airplane entering service immediately. Certification, production and airline introduction belong to related but separate parts of bringing an aircraft to passengers. The industry already has enough complicated schedules without making the regulatory calendar impersonate the departure board. The history of delay also supplies important context for calls to move faster. The process was extended amid scrutiny and safety issues, not merely because somebody misplaced a routine appointment. The business value of a shorter timetable exists alongside the purpose of the review itself. Commercial aviation would naturally prefer a world in which long-awaited approvals arrive promptly and every subsequent step runs smoothly. For now, the Max 10 has cleared a major hurdle after a wait so long that the phrase 'expected arrival' has earned a particularly cautious place in the corporate vocabulary.
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