The US Federal Aviation Administration (FAA) has granted final approval to Boeing’s 737 MAX 10, clearing a major regulatory hurdle for the aircraft and paving the way for deliveries to begin.
The certification, announced on Tuesday, marks a significant milestone for Boeing as it seeks to recover financially after years of crises and setbacks that delayed the development of the largest variant of its best-selling 737 family.
According to aviation analytics consultancy IBA, airlines have ordered more than 1,550 MAX 10 aircraft. The model represents 31% of Boeing’s outstanding 737 order backlog and is expected to play a key role in the company’s efforts to strengthen cash flow.
The aircraft is also central to Boeing’s competition with European manufacturer Airbus in the lucrative single-aisle jet market, where Airbus’s A321neo has gained ground during the MAX 10’s prolonged certification process. China’s COMAC C919 remains a more distant competitor in the segment.
US Transportation Secretary Sean Duffy highlighted the importance of the approval during a visit to Boeing’s manufacturing facility in Everett, Washington, on Tuesday. He said the United States wanted to maintain its competitive position against European and Chinese aircraft manufacturers, adding that faster certification processes would be important to achieving that goal.
Boeing has been working to secure certification for the 737 MAX 10 since the early 2020s. The company’s shares closed down approximately 0.5% on Tuesday.
In July, Boeing opened a new production line at its Everett facility to increase 737 output. The aircraft family is also assembled at the company’s nearby Renton, Washington, plant.
Further regulatory approvals are still required from Transport Canada and the European Union Aviation Safety Agency. Mike Sinnett, Boeing Commercial Airplanes’ senior vice president overseeing development programmes, said those certifications could be completed in “probably a couple months.”
Once the remaining approvals are secured, Boeing expects to deliver the first 737 MAX 10 to Canadian carrier WestJet, with the handover scheduled for early next year.
The MAX 10 is the largest aircraft in the 737 MAX family, accommodating up to 230 passengers. By comparison, the MAX 9 can carry up to 195 passengers, while the MAX 7 has a maximum capacity of 160.
The certification is expected to help Boeing advance its delivery plans, although the extended delays have already allowed Airbus’s A321neo to capture a larger share of the market for larger single-aisle aircraft.
Source: Reuters