Boeing has received clearance from the U.S. Federal Aviation Administration (FAA) to commence certification flight testing for its 737 MAX 10, the largest variant of its popular narrowbody aircraft.
This development marks a significant step in Boeing’s efforts to capture the top spot in the narrowbody market.
In response to the news, Boeing’s stock saw a 1.1% increase in midday trading.
The FAA’s approval, known as type inspection authorization, is typically granted after a thorough examination of technical data and signifies the commencement of the certification process.
With this milestone, FAA pilots are now permitted to participate in the essential flight testing required to certify the aircraft for standard passenger operations.
Boeing conveyed this update to its employees through a letter signed by three of its executives: Mike Fleming, Senior Vice President for Development Programs; Ed Clark, Head of the 737 Program; and Wayne Tygert, Testing Lead.
The 737 MAX 10 is Boeing’s response to the Airbus A321neo, a competitive aircraft that has dominated the upper segment of the single-aisle market, frequently pitting it against Boeing’s MAX 9.
Boeing remains on schedule for the MAX 10, with plans to achieve certification and deliver the first aircraft in 2024.
The FAA emphasized that safety will be the guiding factor in determining the certification timeline for the MAX 10, emphasizing the importance of stringent safety standards in the process.
During Boeing’s extensive test program, the 737 MAX 10 has already completed more than 400 flights and accumulated nearly 1,000 flight hours, showcasing its readiness for further evaluation and certification.
Meanwhile, the certification process for Boeing’s MAX 7, the smallest member of the 737 MAX family, is still pending, with an expected approval by the end of 2023.
However, the company announced a delay in the first delivery, moving it from the originally anticipated date in the current year to 2024.
Boeing’s progress toward certifying the 737 MAX 10 underscores its commitment to regaining market share in the narrowbody aircraft segment, as it aims to compete effectively with Airbus and cater to the evolving needs of the global aviation industry.