FAA Administrator Says Boeing Has Not Requested To Increase 737 Max Production Cap, No Preliminary Discussions Held
Portfolio Pulse from Benzinga Newsdesk
The FAA Administrator has stated that Boeing has not requested to increase the production cap for the 737 Max, and no preliminary discussions have been held regarding this matter.
May 30, 2024 | 5:52 pm
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NEUTRAL IMPACT
Boeing has not requested an increase in the production cap for the 737 Max, and no preliminary discussions have been held with the FAA.
The news indicates that Boeing has not taken steps to increase the production of the 737 Max, which suggests stability in current production levels. This is neutral news as it does not indicate any immediate changes in production that could affect Boeing's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100