Boeing stock jumps late after FAA clears 737 MAX 10 for next flight-test phase
Boeing shares rose 3.1% to $234.53 in after-hours trading Friday after the FAA cleared the 737 MAX 10 for its next phase of flight testing, a source said. The MAX 10 faces ongoing engine deicing issues, which could delay certification. Alaska Air Group recently placed a record order for 105 MAX 10s and five 787-10s. Investors await Boeing’s Jan. 27 earnings for updates on certification and production timelines.