- A Republican senator and a major client came forward in support Boeing Co B.Awho is trying to convince the US Congress to extend the deadline to receive certification of two new 737 MAX variants.
- The company faces a late December deadline for the Federal Aviation Administration (FAA) to certify the MAX 7 and MAX 10.
- After that date, all aircraft must have advanced cockpit warning systems certified by the FAA, delaying deployment of the new MAX aircraft unless Congress grants an extension.
- Republican Senator Lindsey Graham said Reuters, he supports attaching a MAX deadline waiver to a spending bill or other action before Congress.
- “We will fight as hard as we can to give Boeing the opportunity to prove that the plane works and it works,” Graham said on the sidelines of an event.
- 2017, United Airlines Holdings Inc UAL 100 MAX 10s ordered. Without an extension, United would switch some orders to MAX 8s and 9s, Kirby said, “and we’ll buy more Airbus 321 planes,” which would impact Boeing’s US workers.
- The FAA has asked Boeing to reevaluate its safety filing for the 737 MAX 7, stating that some of the key documents submitted are incomplete and others need a re-evaluation.
- The move marks another setback for Boeing’s efforts to gain certification for the 737 MAX 7, a legal deadline of year-end.
- Price promotion: BA shares are up 0.25% to $138.74 premarket on the latest check Thursday.
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