US, Europe near approval of Boeing 737 MAX 7 and MAX 10 jets
The US Federal Aviation Administration and Europe's EASA are nearing certification of Boeing's 737 MAX 7 and MAX 10. Approval would mark the end of a multiyear wait that began after the MAX 8 crashes and unlock deliveries of hundreds of aircraft on the order book. Shares traded higher on the news.
The smaller (MAX 7) and larger (MAX 10) variants of Boeing's 737 MAX line have been awaiting certification since the 2018-2019 crashes. According to the report, the FAA and Europe's EASA are running the final round of tests and documentation in parallel, with a decision possible in the near term. Approval would clear the last obstacle for Boeing to deliver its two fastest-selling variants.
Deliveries to major customers — including Southwest, Ryanair, Delta and United — have been waiting on MAX 10 approval, while the MAX 7 sits at the centre of Southwest's fleet refresh. The company has repeatedly highlighted in investor presentations how the pace of delivering its order book will support cash flow in the coming years.
The certification decision is a critical milestone for Boeing, which has been leaning on commercial-line cash generation to offset losses in the Starliner and KC-46 defence programmes. Procedural alignment between EASA and the FAA would also let European carriers activate their orders quickly. If the process slips, analysts warn, delivery targets penned for year-end could be at risk.
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