Markets
Boeing Wins Key Approval for Its Biggest 737 MAX Jet
Federal regulators approved Boeing's largest 737 MAX jet, clearing the path to deliver over 1,500 planes to airlines.
Boeing scored a major win with federal safety regulators. The Federal Aviation Administration cleared the 737 MAX 10 for flight. This decision marks the end of years of deep safety reviews.
The MAX 10 is the largest jet in the MAX family. Airlines ordered 1,555 of these planes. Now Boeing can hand the keys over to its airline buyers. These deliveries bring billions of dollars in fresh cash to the planemaker.
Travelers will spot these larger planes at airport gates soon. Airlines gain extra seats on busy flight routes. For investors, this green light removes a dark cloud over Boeing stock.
Source: Fox Business
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