Forbes·3 min read·medium
Boeing Soars 7% As FAA Certifies 737 MAX
A
Antonio Pequeño IV
✦AI Summary
Boeing shares rose 7% after the FAA certified the 737 MAX-7 model following a rigorous 10-year review process. The certification comes after significant safety concerns and fleet-wide groundings related to previous MAX variants.
Topline Boeing’s stock surged over 7% on Monday as the Federal Aviation Administration certified the company’s 737 MAX-7 model, according to a statement , greenlighting the airplane in an extensive, 10-year review partially lengthened by fatal crashes involving the larger MAX 8 variant and stricter safety standards from the FAA.
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