Boeing Stock In Spotlight After FAA Announces Some Ease In Restrictions – More Details Inside
According to the FAA, under a new arrangement beginning on September 29, Boeing and the regulator will issue airworthiness certificates on alternating weeks.
Boeing Co. (BA) is set to regain partial authority from the U.S. Federal Aviation Administration (FAA) to perform certain final safety checks on its 737 MAX and 787 aircraft.
According to the FAA, under a new arrangement beginning on September 29, Boeing and the FAA will issue airworthiness certificates on alternating weeks. The decision follows an extensive evaluation of Boeing’s manufacturing practices and quality control systems.
Boeing stock traded over 4% higher on mid-morning Friday.
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