FAA Administrator Whitaker Says When Max 9 Returns To Service Agency Expects "Continuous Monitoring Of The Situation" After Planes Return To Service
Portfolio Pulse from Benzinga Newsdesk
FAA Administrator Whitaker has stated that the agency anticipates 'continuous monitoring of the situation' once the Max 9 aircraft returns to service, according to Reuters.
January 12, 2024 | 4:43 pm
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NEUTRAL IMPACT
The FAA's focus on continuous monitoring after the Max 9 returns to service suggests heightened regulatory scrutiny for Boeing's aircraft.
The FAA's commitment to continuous monitoring indicates ongoing regulatory attention, which could lead to investor caution. However, the return to service is a positive step for Boeing, balancing the short-term impact on the stock.
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