The Boeing CompanyFAA certification of MAX 7 unlocks deliveries and cash flow.
The FAA certified Boeing's 737 MAX 7 on Monday, the smallest version of its bestselling jet, nearly a decade after the company first expected approval. Boeing shares jumped as much as 8% on the news, part of a broader rally that also included an analyst upgrade and falling oil prices. The approval unlocks real cash for Boeing, since manufacturers collect most of a plane's price on delivery, and Boeing already has roughly 30 to 40 MAX 7s and MAX 10s built and waiting. However, launch customer Southwest Airlines still won't fly the MAX 7 this year because its own planes need extra-legroom seat upgrades, and the airline says revenue service won't start until 2027. Jefferies noted Boeing already has 282 orders for the MAX 7, and the FAA is expected to clear the larger MAX 10 right behind it.
The Boeing CompanyFAA certification of MAX 7 unlocks deliveries and cash flow.
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Southwest Airlines CompanySouthwest delays MAX 7 service to 2027 due to seat upgrades, deferring benefits.
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