US approves Boeing MAX-10s

The FAA approved Boeing's 737 MAX 10, which features safety upgrades and has 1,555 orders. The jet is designed to compete with Airbus's A321neo and offers lower per-seat costs. Bank of America reiterated a Buy rating and $270 price target for Boeing, citing the certification's positive impact on production and deliveries.

Boeing is installing SpaceX's Starshield satellite internet system on Air Force C-17 Globemaster cargo jets in San Antonio. Nine aircraft have been completed, with 19 planned by March under $13.5 million contracts. Starshield provides secure satellite connectivity for mission data sharing. The Air Force aims to equip all 222 Globemasters with the technology. Boeing also has a $9.5 billion maintenance deal for the C-17 fleet, with additional contracts for sustainment.

Boeing (BA) halted 777 freighter production for 2 months due to a supplier dispute, costing up to $6.5M daily. The 777F line remains idle, with potential delivery delays. Boeing reports Q3 results on Oct 27, with analysts' average price target at $267. The stock closed at $188.35 on Oct 23.

Boeing received FAA certification for the 737-10, the largest 737 MAX model, allowing deliveries to begin. The aircraft can seat up to 230 passengers and offers lower per-seat operating costs and extended range. Over 30 customers have ordered 1,555 units, representing 30% of the 737 MAX backlog. The certification meets 2020 ACSAA standards, involving extensive testing and documentation.

The FAA certified Boeing's 737 MAX-10 aircraft after a lengthy review. The plane features new safety tech, longer range, and increased capacity. Deliveries to customers are expected soon, with over 1,500 orders already placed. The FAA emphasized adherence to high safety standards. Boeing is the subject company.

The FAA approved Boeing's 737 Max 10 for passenger service, ending years of delays. The certification is a milestone for Boeing, which aims to regain market share. Key customers include United, Delta, American, and Ryanair. Deliveries are expected to begin in 2027. The Max 10 can seat 185-210 passengers and is designed to be more fuel-efficient. Boeing has over 1,500 Max 10 orders in its backlog, representing over 30% of its total 737 Max backlog.