Core Points - The Federal Aviation Administration (FAA) has allowed Boeing to sign off on its 737 Max and 787 Dreamliner planes before delivery to customers, indicating a recovery in confidence from the regulator after previous safety issues [1][2] - The FAA had previously restricted Boeing from issuing its own airworthiness certificates for the 737 MAX in 2019 following two fatal crashes, and for the 787 in 2022 due to production defects [1] - The FAA emphasized that safety is the primary concern and that this decision follows a comprehensive review of Boeing's production quality, allowing for increased oversight during the production process [2] Company Impact - Boeing's stock experienced a rise of approximately 4% in early trading following the FAA's announcement [2]
FAA to allow Boeing to sign off on 737 Maxes, 787s after years of restrictions