Boeing (BA) stock edges up after FAA chief says agency isn’t blocking MAX 7, MAX 10 approvals
Boeing Co shares climbed $1.04, or 0.4%, to $250.07 in after-hours trading Wednesday after Federal Aviation Administration chief Bryan Bedford said the FAA isn’t the bottleneck for certifying the 737 MAX 7 and MAX 10 jets. “I don’t think FAA is the roadblock on 7 and the -10 certification,” Bedford told reporters, noting Boeing “still has to do their work.” The two models have faced delays over an engine de-icing problem. Boeing, which has more than 1,200 MAX 10 orders pending, did not immediately respond, according to aviation data firm Cirium.
