FAA Confirms Boeing 737 Max 7 and Max 10 Certification Progressing Smoothly
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy BA?
Source: seekingalpha
- Certification Progressing Smoothly: The FAA has stated that there are currently no issues preventing Boeing from securing certification for the 737 Max 7 and Max 10 by the end of 2026, indicating regulatory confidence in Boeing's timeline.
- Ongoing Flight Testing: While the FAA has not identified any problems, both aircraft are still undergoing flight testing, meaning additional issues could arise during the review process, necessitating continued vigilance.
- Collaborative Design Updates: Boeing CEO Kelly Ortberg noted that the company is working with regulators on final design updates related to safety concerns, particularly involving the jets' engine anti-ice system, which is crucial for certification.
- 777X Delivery Schedule Unaffected: Despite a durability issue found during inspections of the 777X engine, Ortberg stated that this would not interfere with plans to begin deliveries of the long-delayed aircraft in 2027, demonstrating Boeing's stability in its delivery timeline.
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Analyst Views on BA
Wall Street analysts forecast BA stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 231.280
Low
150.00
Averages
269.14
High
298.00
Current: 231.280
Low
150.00
Averages
269.14
High
298.00
About BA
The Boeing Company is an aerospace company. Its segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft principally for the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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