Boeing Jumps After FAA Confirms 737 Max Test Flights to Begin

(Bloomberg) — Boeing Co. climbed after U.S. aviation regulators said they’d approved a critical set of test flights on the 737 Max to begin as soon as Monday, having reviewed the company’s safety assessment of fixes for the plane.The Federal Aviation Administration confirmed the start of the multiday program in an email to Congressional staffers on Sunday.“Over the past several weeks the FAA has been reviewing the system safety assessment submitted by Boeing,” the agency said in the email. “The FAA’s Type Inspection Authorization Board has completed its review, clearing the way for flight certification testing to begin.”Boeing jumped 8.3% …read more

Source:: Yahoo Finance

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