FAA to ease restrictions on Boeing aircraft deliveries

Core Points - The FAA has granted Boeing limited delegation authority to issue airworthiness certificates for new 737 and 787 aircraft, marking the first time since 2019 that Boeing has regained this authority [1][2] - The delegation will be alternating weekly between Boeing and FAA inspectors, with the FAA still conducting some inspections every other week [1][2] - This development is seen as a significant step for Boeing towards increasing production rates, potentially moving from the current limit of 38 737 Max aircraft per month to 42 in the near future [3][4][6] Company Insights - Boeing has implemented processes to ensure aircraft safety, which the FAA acknowledges as a reason for the limited delegation [2] - The FAA retains the authority to limit production rates, but there is optimism about increasing output as Boeing works to recover from past incidents [3][4] - The company is expected to see improved production quotas and authority, which may lead to more orders, such as those anticipated from Turkish Air [4][5] Industry Context - The airline industry is experiencing competitive pressures, as evidenced by significant layoffs at Lufthansa, which may impact administrative roles rather than operational staff [7] - Despite record numbers of passengers flying, European airlines are facing challenges that are affecting their margins [7]