- Boeing Co B.A has won congressional support to scrap the new safety standards deadline for its 737 MAX aircraft.
- The deadline on December 27, Reuters reported, was imposed by Congress in 2020 in response to the two fatal 737 MAX crashes.
- The deadly crashes in Indonesia and Ethiopia killed 346 people.
- Related: Boeing continues to convince Congress to extend the deadline for the 737 MAX 10
- Boeing had campaigned for the waiver for months, having received more than 1,000 orders for its best-selling MAX.
- Congress is expected to approve the waiver legislation this week.
- Congress was caught between those who supported the waiver, citing fears of job cuts, and the families of the crash victims, who opposed such a decision.
- Erroneous sensor data had mistakenly activated a software feature, MCAS, that played an important role in the crashes.
- The report noted that the bill would allow the new MAX variants to have the same warning systems as the MAX 8 and MAX 9 currently in service.
- Price promotion: BA shares are trading up 0.09% at $185.85 on the latest check Tuesday premarket.
- Photo via Wikimedia Commons
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