30 September 2022 | Other

FAA still not ready to approve Boeing 737 Max 7

The Federal Aviation Administration (FAA) informed Boeing that the work required to certify the 737 MAX 7 had not yet been completed. Boeing had a December deadline to win approval for planes. 

In a letter to Boeing, Lirio Liu, the FAA's executive director of aviation safety, wrote that the agency had uncertainties over the documents submitted by the company. 

The FAA recommended the company to submit all remaining System Safety Assessments  by mid-September. If the company had met the deadline, it would have been able to complete certification work (and get FAA approvals for aircrafts) by December, as it planned. 

According to the letter, as of Sept. 15, just under 10 percent of assessments have been accepted by the agency, while 70% of them are at review and revision stages. 

Boeing planned to win regulatory approval for the 737 MAX 7 and 10 models before a new safety standard on cockpit alerts would be implemented in December. 

Company MarketCheese
Gold buy
Period: 14.09.2026 Expectation: 300 pips
Invest in gold with $4,700 in sight
Today at 08:27 AM
Period: 04.10.2026 Expectation: 3800 pips
Go short on GBPUSD with downside potential to 1.31500
04 September 2026 40
Period: 18.09.2026 Expectation: 600 pips
Buy Brent crude up to $100
04 September 2026 46
Period: 03.10.2026 Expectation: 5100 pips
Sell USDJPY down to 152.00
03 September 2026 43
Period: 03.10.2026 Expectation: 175 pips
Invest in ETHUSD up to $2,565
03 September 2026 33
Period: 30.09.2026 Expectation: 13000 pips
Go long on Brent crude with $99.50 target
02 September 2026 48
Go to forecasts