The Federal Aviation Administration (FAA) has barred Boeing from increasing production of its 737 Max over the coming months. The FAA implemented a production cap earlier this year.
The head of the Federal Aviation Administration said Thursday that it hasn't given Boeing the green light to increase production of its 737 MAX 9 jets and hinted that it won't be anytime soon. It doesn't expect to approve an increase in production in the next few months at least, FAA Administrator Mike Whitaker said Thursday during a press conference with reporters on the heels of a three-hour meeting with Boeing.
This does not mark the end of our increased oversight of Boeing and its suppliers, but it sets a new standard of how Boeing does business," he added. Among the changes being implemented, the FAA said Boeing is also required to have a mandatory safety management system, which the agency said "will ensure a structured, repeatable, systematic approach to identify hazards and manage risk." GET FOX BUSINESS ON THE GO BY CLICKING HERE The FAA will continue to monitor Boeing.
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