First delivery of Boeing 737 MAX 7 delayed to 2024 -US SEC filing

first-delivery-of-boeing-737-max-7-delayed-to-2024-us-sec-filing
First delivery of Boeing 737 MAX 7 delayed to 2024 -US SEC filing

Boeing announced in an SEC filing on Wednesday that the delivery of the 737 MAX 7 has been postponed to 2024. However, the company still anticipates that the Federal Aviation Administration will certify the MAX 7 and commence FAA certification flight testing for the MAX 10 in 2023. The MAX 10 is scheduled for its first delivery in 2024. Both the MAX 7 and MAX 10 are crucial for Boeing to compete with Airbus for orders in the narrowbody markets. The delay in delivering the MAX 7 to launch customer Southwest Airlines will prolong its entry into service, which was originally planned for 2022, and may hinder the carrier’s expansion since it exclusively operates the 737.

On Wednesday afternoon, Boeing shares rose by 7.7% due to better-than-expected second quarter results. However, the certification process for the MAX 7 has been delayed as Boeing and the FAA have been engaged in discussions regarding the safety management system paperwork. There is currently no clear timeline for when the FAA will approve Boeing’s submissions.

The FAA stated that the timeline of certification projects is determined by safety considerations and declined to comment on ongoing certification projects. In January, Boeing CEO Dave Calhoun expressed optimism that the first delivery of the MAX 7 would occur this year, followed by the MAX 10 the next year. However, in May, Mike Fleming, Boeing’s senior vice president for commercial development programs, acknowledged that MAX 7 certification was taking a significant amount of time due to new documentation requirements.

The MAX 10 is Boeing’s response to Airbus’ highly successful A321 neo, which has outperformed the MAX 9 in competitions. Meanwhile, the smaller MAX 7 competes with Airbus’ A220. Southwest CEO Bob Jordan stated in March that he did not expect to put the MAX 7 into service in 2023, as the process could take six months from delivery. He believed that an early 2024 entry into service was the best-case scenario. Alaska Airlines CEO Ben Minicucci expressed eagerness to begin receiving deliveries of the larger Boeing 737 MAX 10 to accommodate more passengers once the plane is certified.

Before obtaining approval for the MAX 10, Boeing must first secure approval from the FAA for the smaller MAX 7. Both variants have experienced significant delays due to increased regulatory scrutiny following criticism of the earlier certification process for the MAX 8, which was involved in fatal crashes in 2018 and 2019.

Reporting by Valerie Insinna and David Shepardson in Washington; Editing by Chris Reese and Nick Zieminski.

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Hi, I'm Alex Perez, an experienced writer with a focus on lifestyle and culture news. From food and fashion to travel and entertainment, I love exploring the latest trends and sharing my insights with readers. I also have a strong interest in world news and business, and enjoy covering breaking stories and events.

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