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Investing.com -- The Federal Aviation Administration (FAA) has no current plans to lift a production limit placed on Boeing (NYSE:BA)’s 737 MAX, according to the agency’s acting head. The production restriction, set at 38 planes per month, was imposed following a mid-air emergency in January 2024 involving a new Alaska Airlines Boeing plane that was missing four essential bolts.
Acting FAA Administrator Chris Rocheleau confirmed this stance to reporters following a U.S. House hearing. Rocheleau also stated that there were no ongoing discussions about altering the FAA’s policy of inspecting all Boeing 737 MAXs and 787 Dreamliners before issuing airworthiness certificates for individual planes. This procedure is currently not delegated to Boeing.
Just last week, the FAA extended a program that permits Boeing to carry out some tasks on the agency’s behalf, such as inspections. This decision was made in recognition of the improvements made by the planemaker. The program has been extended for an additional three years.
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