FAA Administrator Says Boeing 737 Max Output To Stay Limited Until FAA Is 'Satisfied'
Portfolio Pulse from Benzinga Newsdesk
FAA Administrator Mike Whitaker announced that the production of Boeing 737 Max will remain limited until the FAA is satisfied with the aircraft's safety. This decision could impact Boeing's production schedule and financial performance.
May 30, 2024 | 5:36 pm
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The FAA has announced that Boeing 737 Max production will remain limited until safety concerns are fully addressed. This could delay Boeing's production schedule and affect its financial performance in the short term.
The FAA's decision to limit Boeing 737 Max production until safety concerns are resolved directly impacts Boeing's ability to meet production targets and could delay revenue generation from this aircraft model. This is likely to have a negative short-term impact on Boeing's stock price.
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