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A Comac C919, China's first large passenger jet, flies away on its first commercial flight from the Shanghai Hongqiao International Airport in Shanghai, China May 28, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsBEIJING, Sept 28 (Reuters) - China Eastern Airlines (600115.SS) said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, in what would be the largest ever order for the jet made by the Commercial Aircraft Corporation of China (COMAC). The list price for the C919 is $99 million but aircraft can be sold at discounts of up to 50%, especially for new models. Next, the plane manufacturer will cooperate with China Eastern more closely, to show other potential users the reliability and performance of C919." China Eastern will get delivery of five aircraft in 2024, while ten are to be delivered each year from 2025 to 2027.

Persons: Aly, Li Hanming, Li, COMAC, COMAC's, Sophie Yu, Brenda Goh, Neil Fullick, Peter Graff, Miral Organizations: Shanghai Hongqiao International, REUTERS, Rights, China Eastern Airlines, Commercial Aircraft Corporation of China, Airbus, Boeing, China Eastern, Thomson Locations: Shanghai, China, Rights BEIJING, Beijing, Washington, Brunei

☆ Boeing prepares 737 MAX deliveries to China - Bloomberg News
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-A Boeing 737 MAX-10 performs a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsAug 25 (Reuters) - Boeing Co (BA.N) is preparing to restart deliveries of its 737 MAX jets to China after a four-year halt, Bloomberg News reported on Friday, citing people familiar with the matter. "For (737 MAX) deliveries, we will be ready to deliver for our customers when that time comes," Boeing said in a statement. China was the first country to ground Boeing's 737 MAX following fatal accidents, though about 90% of the jets resumed commercial operation in the country in June. Reporting by Nathan Gomes in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Nathan Gomes, Krishna Chandra Organizations: Boeing, Paris, REUTERS, Boeing Co, Bloomberg, Thomson Locations: Le Bourget, Paris, France, China, Bengaluru

☆ Qantas to secure new planes from Airbus, Boeing
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

The multi-billion dollar order is split between 12 Airbus A350s and 12 Boeing 787s, which will arrive from fiscal 2027 and into the next decade, Qantas said. Qantas said the deal was aimed at providing a replacement for its current Airbus A330 and Airbus A380 aircraft. This has the potential to meet up to 90% of the group’s interim SAF target for 2030, Qantas said. "SAF reduces lifecycle carbon emissions by up to 80 per cent and is a key part of Qantas’ emissions reduction plan," it said. Reuters earlier in the week had reported, citing industry sources, that Boeing was nearing a deal for its 787 Dreamliner aircraft with Qantas.

Persons: Loren Elliott, Vanessa Hudson, Stan Deal, Rishav Chatterjee, Shailesh Kuber, Maju Samuel Organizations: Qantas, Sydney Airport, REUTERS, Australia's Qantas Airways, Airbus, Boeing, SAF, Global, Incoming Qantas, Boeing Commercial Airplanes, Reuters, Thomson Locations: Australia, Sydney, Bengaluru

☆ Brazil govt pushes Congress to approve 'green' bills before COP28
▼ + stars: | 2023-08-18 | by ( Leticia Fucuchima | ) www.reuters.com time to read: +3 min

[1/2] A view of a wind farm is seen in the city of Osorio, in southern Brazil, November 30, 2007. Rollemberg said the government-sponsored bills would be focused on four main topics: establishing a new carbon market, regulating offshore wind power, launching the "Fuel of the Future" project and regulating green hydrogen. That bill might be submitted to Congress as early as next week, the secretary said. It's more than enough time for Congress to pass all the bills," Rollemberg said. The South American nation is set to host the U.N. climate talks in 2025 in the Amazonian town of Belem.

Persons: Jamil Bittar, Rodrigo Rollemberg, Luiz Inacio Lula da Silva, Jair Bolsonaro, Lula, Rollemberg, Leticia Fucuchima, Gabriel Araujo, Marguerita Choy Organizations: REUTERS, Rights, Boeing, SAO PAULO, Reuters, United Nations, SAF, Thomson Locations: Osorio, Brazil, BRAZIL, Dubai, Belem

☆ Israel says Arrow-3 missile-killer sale to Germany approved by U.S.
▼ + stars: | 2023-08-17 | by ( Dan Williams | ) www.reuters.com time to read: +2 min

REUTERS/Amir Cohen/FILE PHOTO Acquire Licensing RightsJERUSALEM, Aug 17 (Reuters) - The United States approved a $3.5 billion sale of Israel's Arrow-3 missile defence system to Germany on Thursday, clearing the way for delivery in 2025 and full operational deployment by 2030, Israeli officials said. The U.S. is a partner in the Arrow project, which was developed jointly by the Israel Missile Defence Organisation and the United States Missile Defense Agency. The Germany deal, which would be Israel's biggest ever defence sale, follows a European arms build-up in response to Russia's war in Ukraine. While Patriot and IRIS-T cover the medium layer of air defence, Arrow-3 - in whose production Boeing Co (BA.N) is also involved - offers protection for the higher layer. Israel's Army Radio said the signing ceremony with Germany on the Arrow-3 sale was expected to take place in November.

Persons: Amir Cohen, Moshe Patel, Patel, Boaz Levy, Dan Williams, Tom Hogue, Raju Gopalakrishnan Organizations: REUTERS, Rights, United, Israel Missile Defence Organisation, United States Missile Defense Agency, Israel's Defence Ministry, Israeli Missile Defence Organisation, Israel Aerospace Industries, IRIS, Boeing Co, Israel's Army Radio, Thomson Locations: Ashdod, United States, Germany, U.S, Ukraine, Israel, Russia

☆ Here are Monday's biggest analyst calls: Nvidia, Boeing, Alphabet, Okta, Costco, Dick's, Tesla & more
▼ + stars: | 2023-08-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Morgan Stanley as buy Bank of America said the investment bank is "best-in-class." "Initiate at Buy with a Street-high target price of USD72; we like Monster for its market positioning and growth opportunity." "While we turned more optimistic on MOS ahead of this year's crop season, we now see minor downside from current share price levels." Bank of America adds Boeing to the US1 list Bank of America added the stock to its top picks list. Bank of America reiterates Alphabet as buy Bank of America said it remains "constructive" on Alphabet's AI-driven ad products.

Persons: Goldman Sachs, Goldman, Parsons, Tesla, Evercore, Morgan Stanley, it's, JPMorgan, Dick's, Bernstein, Marriott, Telsey, Ulta, Eli Lilly, Stifel Organizations: Teledyne, Bank of America, underperform Bank of America, PSN, U.S, Infrastructure, EU, " Bank of America, Nvidia, HSBC, Barclays, Target, JPMorgan, Hilton, Sports, UBS, Walmart, Base, Costco, Mosaic, Boeing, Boeing Co, Northrop Grumman Corp, Citi, Urban Outfitters Locations: U.S, LLY

☆ Cramer says don't get too caught up in top-down analysis
▼ + stars: | 2023-07-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors on Monday not to solely rely on analysts' top-down, broad market assessments. According to Cramer, it's imperative to also pay attention to micro-analysis of a company's performance when buying individual stocks. "After all these years, I've come to know one immutable truth: There's no monopoly on stock market knowledge," Cramer said. Top-down analysts, Cramer said, might fixate on how the Federal Reserve's rate hikes might affect the company. Cramer stressed that he is not just "cherry-picking" names and instead said there are many companies that often defy macro expectations.

Persons: CNBC's Jim Cramer, Cramer, I've, G, Procter, DR, Lennar Organizations: Procter & Gamble, homebuilders, Boeing

Shares of the company rose 7% to hit a 1-1/2 year high after Boeing also posted second-quarter results above Wall Street expectations. The planemaker is now transitioning its 737 production line - including the MAX models that make up the vast majority of 737 production - to building 38 jets per month, up from 31, the company said. Calhoun later added the company is already in "prep mode" to raise monthly 737 production to 42, but wouldn't specify whether Boeing would do so in 2023, as Boeing Commercial Airplanes head Stan Deal said told Bloomberg TV in June. 'ENCOURAGING' RESULTS AMID CHALLENGESA photo of Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Boeing expects to deliver most of the 228 MAXs in its inventory by the end of 2024, making it critical that Boeing step up production.

Persons: there'll, Dave Calhoun, Calhoun, Stan Deal, Brian West, Lindsey Wasson, Peter McNally, Refinitiv, Valerie Insinna, Abhijith Ganapavaram, Anil D'Silva, Nick Zieminski Organizations: Boeing, Boeing Commercial Airplanes, Bloomberg TV, Boeing Factory, REUTERS, Commercial Aerospace, Thomson Locations: Renton , Washington , U.S, West

☆ Boeing boosts monthly 737 production to 38, posts upbeat earnings
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

Shares of the company jumped 4% before the bell after the company also posted second-quarter results that beat Wall Street expectations. The push to build 38 MAXs a month comes amid heightened travel demand, as airlines seek to grow their fleets post-pandemic. Boeing Commercial Airplanes head Stan Deal said in June that the company would ramp up narrow-body production to 38 a month "very soon." Although Boeing set a deadline to ramp 737 production by the end of the year, executives signaled to its supply chain that the boost to 38 a month would begin in June. Those plans faltered in April when a supplier defect involving the improper installation of a 737 bracket was discovered, though Boeing maintained it would still ramp to 38 jets by year-end.

Persons: Dave Calhoun, Stan Deal, Refinitiv, Valerie Insinna, Abhijith Ganapavaram, Anil D'Silva Organizations: Boeing, Boeing Commercial Airplanes, Paris Air Show, Air India, Airbus, Thomson

GE's aerospace unit, which makes engines for jets of Boeing Co (BA.N) and Airbus (AIR.PA), posted double-digit growth in orders, revenue, and operating profit from a year earlier. Its services revenue was up 31% in the second quarter from a year ago. The Boston-based company now expects 2023 adjusted profit per share of $2.10 to $2.30, compared with its previous forecast of $1.70 to $2.00. Free cash flow for the year is estimated to be in a range of $4.1 billion to $4.6 billion, up from $3.6 billion to $4.2 billion expected previously. GE said operating profit at its aerospace business was now expected to be in a range of $5.6 billion to $5.9 billion this year, up from $5.3 billion to $5.7 billion estimated earlier.

Persons: Larry Culp, France's Safran, Culp, Rajesh Kumar Singh, Kirsten Donovan, Mark Potter, Louise Heavens Organizations: General Electric Co, Boeing Co, Airbus, Boeing, GE, Thomson Locations: Boston, Chicago, Bengaluru

July 7 (Reuters) - U.S. private equity firm 777 Partners has said it is in talks with Boeing Co (BA.N) and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more markets amid a boom in air travel. The talks come amid a rush for planes by airlines eager to tap into a greater-than-expected recovery in air travel. Earlier this year, Air India placed an order for 470 jets with Boeing and Airbus SE (AIR.PA) - which was later eclipsed by rival IndiGo's order for 500 Airbus planes. 777's business model involves buying jets and leasing them to airlines which it backs, such as Canadian low-cost carrier Flair Airlines and Australian airline Bonza. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: We've, Josh Wander, Wander, Flair, Abhijith, Pooja Desai Organizations: Partners, Boeing Co, Boeing, ATR, Air, Airbus, Flair Airlines, Bonza, Capital Ltd, Thomson Locations: Italian, Miami, Air India, Asia, South America, York, Bengaluru

☆ Boeing converted its 767 airliner into a military tanker that can refuel other planes midair — meet the KC-46A Pegasus
▼ + stars: | 2023-07-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +2 min

Boeing's newest military tanker is the KC-46A Pegasus, which can refuel other planes in midair. Boeing is one of the world's leading defense manufacturers providing advanced military aircraft for the US armed forces and allied nations. While Boeing's defense arm is military-focused, it has used its commercial planes as a blueprint for production. One of its biggest — yet controversial — jets is the KC-46A Pegasus aerial refueling tanker, which was derived from the Boeing 767 widebody airliner. The Pegasus is Boeing's newest air refueler, having started production in February 2011 and sending its first to the US Air Force in January 2019.

Organizations: KC, US Air Force, USAF Pegasus, Paris Airshow, Boeing, Department of Defense, Pegasus, USAF

☆ Spirit AeroSystems union workforce approves new contract, ending strike at Kansas plant
▼ + stars: | 2023-06-30 | by ( Valerie Insinna | ) www.reuters.com time to read: +3 min

REUTERS/Benoit Tessier/File PhotoWASHINGTON, June 29 (Reuters) - Spirit AeroSystems (SPR.N) said it would begin resuming operations at its plant in Wichita, Kansas, on Friday, after union workers on Thursday voted to accept a new contract and end a strike that led to a week-long work stoppage. The deal is a boon for Boeing, which is on the verge of increasing MAX production from 31 jets to 38 jets per month. Boeing Commercial Airplanes CEO Stan Deal said on June 18 the production ramp was set to occur "pretty soon." Although Boeing maintains some buffer inventory, analysts had warned a prolonged strike could have forced the company to slow or stop MAX production. The company has been the source of several high-profile production defects on Boeing jets, such the incorrect installation of a bracket on the 737's vertical tail.

Persons: Benoit Tessier, It's, Craig Martin, Stan Deal, Cowen, Cai von Rumohr, Michel Merluzeau, Valerie Insinna, Sandra Maler, Nick Zieminski, Jamie Freed Organizations: Boeing, International Paris Air, Le, REUTERS, WASHINGTON, International Association of Machinists, Aerospace Workers, U.S, Airbus, IAM's Southern Territory, Boeing Commercial, AIR, Thomson Locations: Le Bourget, Paris, France, Wichita , Kansas, Its Wichita, IAM's Southern, Seattle

☆ Workers at key Boeing supplier vote to end strike
▼ + stars: | 2023-06-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Spirit AeroSystems, a key supplier to Boeing, is set to reopen next week after members of the International Association of Machinists voted Thursday to ratify a tentative labor agreement and end a week-long strike. Members voted 63% in favor of the four-year agreement, according to vote results announced Thursday. It’s the first new contract that the union members at Spirit have had in 13 years. The union had put the company’s previous offer up to a vote earlier this month. But rank and file members rejected that offer with 79% of members voting no, and 85% voted to strike, the union said.

Persons: It’s, ”, Jason Baze, “, Tom Gentile, Max, Vanessa Yurkevich Organizations: New, New York CNN, Boeing, International Association of Machinists, IAM Locations: New York

☆ Boeing to lift 737 MAX output to 38/month 'pretty soon'
▼ + stars: | 2023-06-18 | by ( ) www.reuters.com time to read: +1 min

PARIS June 18 (Reuters) - Boeing (BA.N) expects to increase production of its best-selling 737 MAX to 38 jets a month "pretty soon," but the company is likely to see supply chain instability at every rate increase, the head of Boeing Commercial Airplanes (BCA) said Sunday. However, he warned that the supply chain continues to be a challenge, with new issues constantly being found. While there was instability as industry increased production rates prior to 2019, “this is a little different," Deal said. "COVID had a pretty significant impact on labor, and this industry still depends on labor ... to get to its net efficiency." Boeing has started a supply chain quality review, with participants including CEOs and other C-suite officials, as well as quality and engineering officials from Boeing's tier-one supply chain that creates major aero-structures and sub-assemblies, Deal said.

Persons: Stan Deal, COVID, Deal, Valerie Insinna, Hugh Lawson, Mark Potter Organizations: PARIS, Boeing, Boeing Commercial Airplanes, Sunday, Boeing's, Thomson Locations: Paris

☆ US requires new passenger planes have secondary flight deck barrier
▼ + stars: | 2023-06-14 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, June 14 (Reuters) - The Federal Aviation Administration (FAA) said on Wednesday it is requiring that new passenger airplanes have a secondary barrier to the flight deck to prevent intrusions. The final rule, which was first proposed in July, requires aircraft manufacturers to install a second physical barrier on planes used in commercial passenger service in the United States. The FAA said the additional barrier will protect flight decks from intrusion when the flight deck door is open. After the hijacking of four U.S. airplanes on Sept. 11, 2001, the FAA adopted standards for flight deck security to make them resistant to forcible intrusion and unauthorized entry. The FAA in 2007 set rules to address flight deck security when the cockpit door was opened, including requiring the door be locked when the airplane is in operation, unless necessary to open it to permit access by authorized persons.

Persons: Pete Buttigieg, David Shepardson, Chizu Organizations: Federal Aviation Administration, FAA, Unions, Boeing, Airbus, Transportation, Thomson Locations: United States

Companies Boeing Co FollowJune 7 (Reuters) - Boeing (BA.N) was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA's Space Launch System rocket, and then building components with "critical" safety flaws that could endanger astronauts. "Boeing has captured billions of dollars in revenue because of the infringement of Wilson's trade secrets," and must turn over "all revenues and profits Boeing has obtained as a result," the complaint said. Wilson also said Boeing stole trade secrets related to bolt installation tools for its 787 Dreamliner aircraft. Boeing has described NASA's Space Launch System as the most powerful rocket ever built, and "the backbone for a permanent human presence in deep space." The case is Wilson Aerospace LLC v Boeing Co, U.S. District Court, Western District of Washington, No.

Persons: Wilson, David Wilson, Jonathan Stempel, Marguerita Choy Organizations: Boeing Co, Boeing, Wilson Aerospace, NASA, National Aeronautics and Space Administration, Western District of Washington, Thomson Locations: Colorado, Seattle, Arlington , Virginia, Fort Collins , Colorado, Western District, New York

☆ Boeing warns new defect on 787 Dreamliners will slow deliveries
▼ + stars: | 2023-06-06 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Boeing on Tuesday warned about a new defect on its 787 Dreamliner planes and that it will delay deliveries of the wide-body aircraft, the manufacturer's latest production issue. "We are inspecting 787s in our inventory for a nonconforming condition related to a fitting on the horizontal stabilizer," Boeing said in a statement. Near-term deliveries will be delayed by about two weeks, Boeing said. Boeing had paused deliveries of the planes for several weeks earlier this year because of a separate problem on a fuselage component on certain 787s. The latest issue currently doesn't affect Boeing's full-year outlook for Dreamliner deliveries, the company said.

Persons: Aerosystems Organizations: Boeing Co, Boeing Locations: North Charleston , South Carolina

☆ Boeing rival Airbus nears record order for 500 planes from India's largest airline, report says
▼ + stars: | 2023-06-04 | by ( Jason Ma | ) www.businessinsider.com time to read: +2 min

Airbus is near a deal to sell 500 A320 narrow-body planes to IndiGo, Reuters reported. That would make it the largest order ever by volume, topping Air India's 470-plane deal in February. Boeing rival Airbus is near a deal to sell 500 planes from the A320 narrow-body family of jets to India's largest airline, IndiGo, Reuters reported on Sunday. Meanwhile, Airbus and Boeing are also in talks to sell 25 wide-body jets to IndiGo, the report added. That's in contrast with Air India's massive order, which was split between 220 Boeing planes and 250 Airbus planes.

Persons: isn't, IndiGo didn't, Dave Schulte Organizations: Airbus, Reuters, Air, archrival Boeing, Morning, Boeing, IndiGo, Insider, Reuters . Budget, Max, Asia Pacific Locations: IndiGo, Istanbul, India

☆ Boeing CEO says fixing supply chain constraints is 'frustratingly slow'
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +2 min

June 2 (Reuters) - Boeing Co. (BA.N) CEO Dave Calhoun on Friday said progress on resolving supply chain problems has been "frustratingly slow" even as airlines' demand for planes has bounced back to pre-pandemic levels. Boeing has seen improvements in certain elements of its supply chain, such as engine forgings and castings, Calhoun said. "We've got to be smart about how we manage supply against that demand spike," Calhoun said at a Bernstein conference. Boeing regularly tracks 25-30 parts from a subset of suppliers that have previoulsy faced production headwinds. But surprise issues can still crop up from "the supplier who lost some experience, talents, talents, somewhere along the way didn't replace them in kind," he said.

Persons: Dave Calhoun, Calhoun, We've, Guillaume Faury, Valerie Insinna, Jason Neely, Frances Kerry Organizations: Boeing Co, Boeing, Airbus, Spirit, Thomson

☆ Boeing CEO says resolving supply chain constraints is 'frustratingly slow'
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: 1 min

June 2 (Reuters) - Boeing Co. (BA.N) CEO Dave Calhoun on Friday said progress on resolving supply chain problems has been "frustratingly slow" even as airlines' demand for planes has bounced back to pre-pandemic levels. Boeing has seen progress in certain elements of its supply chain, such as engine forgings and castings, Calhoun said. But the ability for aircraft makers like Boeing and European rival Airbus (AIR.PA) to meet customer demand for new planes will still be constrained "five years from now," he added. "We've got to be smart about how we manage supply against that demand spike," Calhoun said at the Bernstein annual strategic decisions conference. Reporting by Valerie Insinna; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Dave Calhoun, Calhoun, We've, Valerie Insinna, Jason Neely Organizations: Boeing Co, Boeing, Airbus, Thomson

☆ Boeing CEO 'not overly anxious' about Chinese narrowbody jet
▼ + stars: | 2023-06-01 | by ( Valerie Insinna | ) www.reuters.com time to read: +3 min

“For us to get overly anxious about that, I think it's a silly prospect.”Boeing should focus on existing competition and position itself to "win that technology race," Calhoun said. Chinese airlines began returning the 737 MAX to service earlier this year. Although all Chinese users have restarted 737 flights, deliveries of the jet have been stalled amid friction between the United States and China. Spirit has been the source of several problems that have stalled Boeing deliveries in recent years, including an ongoing 737 MAX bracket installation flaw that slowed deliveries since it was discovered in April. “We are disappointed with every next issue that occurs that limits our rates and slows us down,” Calhoun said.

Persons: Dave Calhoun, Calhoun, ” Calhoun, “, Valerie Insinna, Ben Klayman, Matthew Lewis Organizations: Boeing Co, U.S, planemaker, Airbus, China Eastern Airlines, SS, Commercial Aviation Corp of China, Boeing, Paris Air, Thomson Locations: CHARLESTON, South Carolina, China, Shanghai, Beijing, United States, Charleston , South Carolina, U.S

☆ A judge ruled pre-crash terror of 737 MAX crash victims can be considered in damages trial after Boeing lawyers argued they didn't have time to feel pain
▼ + stars: | 2023-06-01 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

A judge overseeing lawsuits against Boeing ruled that pre-crash fear and pain can be used in trial. A trial over an Ethiopian Airlines crash will determine what Boeing owes families of the victims. Boeing lawyers previously argued they didn't have to pay for physical damages before the crash. The company previously told Insider it has settled about 75% of the lawsuits brought against it over the Ethiopian Airlines crash and a second 2018 Boeing 737 MAX crash. "We look forward to upcoming trials to present this evidence to a jury and ensure Boeing is held fully accountable."

Persons: Boeing couldn't, Jorge Alonso, Alonso, Robert Clifford, Clifford, Alonso's Organizations: Boeing, Ethiopian Airlines, Lion Air, Ethiopian Locations: Illinois

☆ Boeing says certification of 737 MAX 7 is taking 'considerable amount of time'
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

[1/2] Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5, 2018. REUTERS/Jason Redmond/File PhotoCHARLESTON, South Carolina, May 31 (Reuters) - The certification of the Boeing 737 MAX 7 is taking a "considerable amount of time" due to new documentation requirements, but the company still believes it can be certified by the end of the year, a Boeing Co (BA.N) official said on Wednesday. Both the MAX 7 and MAX 10 are seen as critical for Boeing to compete against Airbus SE (AIR.PA) for orders at the top and bottom of the narrowbody markets. The planemaker is also "close" to receiving FAA approval to begin certification flights of its new 737 MAX 10, Fleming told reporters. Certification of that aircraft is still projected to occur in 2024, but will depend on when Boeing is approved to begin those flights, he said.

Persons: Jason Redmond, Mike Fleming, Boeing's, Fleming, Valerie Insinna, Richard Chang, Matthew Lewis Organizations: Boeing, REUTERS, Boeing Co, Airbus, Southwest Airlines Co, Federal Aviation Administration, Thomson Locations: Renton , Washington , U.S, CHARLESTON, South Carolina, Charleston , South Carolina

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