FAA Approves Boeing's 737 Max Production Increase After Crash

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Source: CNBC
FAA Approves Boeing's 737 Max Production Increase After Crash
Photo: CNBC
TL;DR Summary

Boeing has received FAA approval to increase the production of its 737 Max jets to 42 per month, nearly two years after a safety crisis led to production restrictions following two fatal crashes and a subsequent grounding of the aircraft. The FAA conducted extensive reviews to ensure safety as Boeing plans further increases, signaling a recovery in confidence and a step towards stabilizing the company's production and financial performance.

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