The Federal Aviation Administration (FAA) has certified Boeing’s 737-10, the largest model in the 737 MAX series, paving the way for deliveries to begin in the coming months. This certification removes a significant regulatory hurdle for Boeing, allowing the company to start generating revenue and cash flow from advance payments.
Boeing has already secured 1,555 orders for the 737-10, which represents over 30% of the total 737 MAX order book. This substantial backlog provides multi-year production visibility and supports steady cash flow for the company.
The 737-10 features an enhanced Angle of Attack (AoA) system, which has been made standard to address safety concerns. This upgrade may help reduce regulatory risk perception and reassure customers and regulators alike. The certification was conducted under the 2020 Aviation Safety Certification Agreement (ACSA), signaling rigorous compliance with safety standards.
Analysts note that this certification is a late-stage milestone, resolving a well-known risk for Boeing’s largest MAX variant. The next key catalysts to watch will be the actual first deliveries, production ramp rates, and any updated delivery guidance from airlines and Boeing.