U.S. FAA Administrator Says Outside Firm Reviewing Long-Standing Agency Practice Of Delegating Some Certification Tasks To Boeing
Portfolio Pulse from Benzinga Newsdesk
The U.S. FAA Administrator announced that an external firm is reviewing the FAA's longstanding practice of delegating some aircraft certification tasks to Boeing. This review comes amid scrutiny over the safety and regulatory compliance of Boeing's aircraft certification processes.
February 06, 2024 | 4:41 pm
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Boeing is under review by an external firm for its delegated certification tasks from the FAA, indicating increased scrutiny over its safety and compliance practices.
The external review of Boeing's delegated certification tasks by the FAA suggests a heightened focus on the company's safety and compliance practices. This could lead to increased regulatory scrutiny and potentially impact Boeing's reputation, operations, and future certifications, likely affecting its stock price negatively in the short term.
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