US Could Approve Boeing 737 MAX Before Mid-year: Source
Mohammad Ali (@ChaudhryMAli88) Published January 25, 2020 | 02:10 AM
New York, (UrduPoint / Pakistan Point News - 25th Jan, 2020 ) :US air safety regulators could clear the Boeing 737 MAX to return to service before mid-year, a person close to the process said Friday.
Boeing shares rallied following a CNBC report that the Federal Aviation Administration signaled to airlines that the MAX could be approved to resume flights before mid-2020.
A source close to the process confirmed the report to AFP.
The plane has been grounded since March following two deadly crashes. On Tuesday, Boeing announced that it did not expect to win regulatory approval until mid-2020.
An FAA spokesman reiterated that the agency has set no timeframe for certification, but indicated the process has moved forward from December.
"While the FAA continues to follow a thorough, deliberate process the agency is pleased with Boeing's progress in recent weeks toward achieving key milestones," the FAA spokesman said.
In December, the FAA publicly castigated Boeing for targeting an unrealistic return to service timeframe that seemed to be "designed to force FAA into taking quicker action.
" A spokesman for American Airlines confirmed that the carrier had discussed the MAX with the FAA but declined to comment on the conversation.
United Airlines and Southwest Airlines, two other US carriers that fly the MAX, did not immediately respond to a request for comment.
Boeing suspended production on the MAX this month but Chief Executive David Calhoun said this week the company plans to begin ramping up 737 MAX production ahead of winning regulatory approval to resume service on the plane.
Calhoun, who began as CEO earlier this month, has highlighted restoring Boeing's reputation with regulators, customers and other stakeholders as an imperative as he tries to the turn the company around.
Boeing shares rose 1.8 percent to $323.62 in afternoon trading.
Recent Stories
President calls for further strengthening of Pakistan-UK trade, economic ties
President for better marketing, projection of gemstone industry of Pakistan
26% increase on tobacco tax can reduce PKR 300bn in health cost
China keen to launch uplift projects for Gwadar’s local population: Senator
Pakistan to bring perpetrator of Dasu terrorist attack to justice soon: Lin Jian
Financial crisis at UK's biggest water supplier worsens
French parliament backs bill against hair discrimination affecting black women
Poland raids Russian spy network: security services
Commissioner directs officials to prepare for Shaheed Zaulfiqar Ali Bhutto's ann ..
UK greenhouse gas emissions fell 5.4% in 2023: data
Pakistan's total liquid foreign reserves reach $ 13.42 billion
European stock markets head into Easter break with slight gains
More Stories From Miscellaneous
-
Shaheed Jalil Andrabi remembered on his martyrdom anniversary
1 day ago -
Architectural grandeur of Mohabat Khan Mosque attracts visitors, archeology lovers
1 day ago -
Besant Hall cultural centre to hold programme in memory Pir Hassam din Rashdi
3 days ago -
USA beats Mexico 2-0 for CONCACAF Nations League title
3 days ago -
World urged to intervene for peace in Kashmir
4 days ago -
Undeterred resolve – only way to end economic woes
4 days ago
-
Organic Food: A booming trend in Khyber Pakhtunkhwa
4 days ago -
From Soil to Harvest: Use of modern technology vital for agricultural renaissance
4 days ago -
Spring season offers glimpse into GB's natural beauty, cultural heritage
4 days ago -
Nation to mark decades’ long journey of resilience through annals of history
6 days ago -
23rd March: A historic day reminds Muslims’ heroic struggle for Pakistan
6 days ago -
Measures urged to recharge depleting water table: Experts
6 days ago