FAA Administrator Says Has No "Specific Timetable" To Certify Boeing 737 Max 7
Portfolio Pulse from Benzinga Newsdesk
The FAA Administrator has stated that there is no 'specific timetable' for the certification of Boeing's 737 Max 7 aircraft, according to Reuters.
December 19, 2023 | 5:15 pm
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The lack of a specific timetable for the certification of Boeing's 737 Max 7 could lead to uncertainty among investors and potentially delay the aircraft's entry into the market.
The certification of new aircraft models is a significant event for aerospace companies like Boeing. Delays or uncertainties in the certification process can affect the company's revenue projections and market confidence. Given the previous issues with the 737 Max series, the market is particularly sensitive to news regarding its certification. The FAA's statement may lead to negative investor sentiment in the short term, potentially impacting Boeing's stock price negatively.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90