Boeing is still grappling with significant issues affecting its 737 Max and 777X models, preventing many of its planes from resuming operations. One major hurdle for Boeing lies with the US Federal Aviation Administration (FAA). The FAA now demands individual approval for each Boeing 737 Max aircraft before they can be delivered to airlines. Previously, Boeing had the authority to carry out essential pre-delivery safety checks independently. However, in the wake of two tragic 737 Max incidents resulting in multiple fatalities, the company must now rely on the FAA to conduct these critical safety assessments.
On a different front, Boeing’s recently introduced 777X model is encountering close scrutiny from various aviation regulators in Europe and the Middle East. Emirates Airlines has placed an order for 126 Boeing 777X planes, but regulatory authorities in the United Arab Emirates will need to meticulously examine the certification procedures for these new acquisitions prior to their delivery, as reported by the Wall Street Journal. Emirates Airlines currently stands as one of Boeing’s key clients.
Boeing’s stock suffered a setback in response to these developments, with a 1.5% decline observed on Wednesday.
