FAA set to certify Boeing 737 MAX 10, Reuters reports citing sources

what happened

Reuters, citing people briefed on the plans, reports that US Transportation Secretary Sean Duffy will announce on Tuesday that the aviation regulator has cleared the 737 MAX 10. The statement is due during his visit to Washington State, at Boeing's Everett plant, where the company recently opened a new line to boost 737 MAX output.

The larger version of Boeing's best-selling jet has been awaited for years. Airlines have ordered nearly 1,500 MAX 10s, roughly 30% of Boeing's outstanding 737 backlog. Boeing referred questions to the FAA, which had not yet commented.

On Friday, the FAA's Type Certification Board reviewed the aircraft, the final step before the agency makes its decision. The MAX 7 received approval in August, while the 777-9, already six years late, is expected to be certified and begin deliveries in 2027.

why it matters

For Boeing, the approval opens the way to deliveries of a model that carriers such as United, Delta and Ryanair are counting on for growth. That matters for revenue and order-book visibility, which investors track closely. The pace of this step also signals where Boeing's largest programs stand.

market impact

Boeing (BA): approval unlocks MAX 10 deliveries, supporting the order backlog and revenue outlook

tags

instruments