Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

FAA certifies Boeing 737 Max 7

The FAA’s nod boosted the beleaguered aerospace firm’s push to restore its once-sterling reputation.

FAA certifies Boeing 737 Max 7

The US Federal Aviation Administration (FAA) has certified Boeing's 737 Max 7, marking a significant milestone in the aerospace company's efforts to regain its reputation following two fatal crashes in 2018 that led to a global grounding of the aircraft. This certification, along with several others announced by Boeing this year, is crucial for the company's return to profitability after years of delays and regulatory setbacks.

Despite this progress, Boeing CEO Eric H. Ortiz has noted that Airbus' A320 remains a more advanced design, highlighting the ongoing challenge for Boeing to compete in the market.

Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at semafor.com →

More in Finance & Markets

More from Monday 3 August →