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Boeing is nearing a long-delayed approval for the grounded 737 Max

October 16, 2020. Summarized by summa-bot.

A Boeing 737 MAX jet lands following Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. - US regulators conducted the first a test flight of the Boeing 737 MAX on Monday, a key step in recertifying the jet that has been grounded for more than a year following two fatal crashes. A MAX aircraft took off from Boeing Field in Seattle at 1655 GMT, a Federal Aviation Administration spokesperson said. (Photo by Jason Redmond / AFP) (Photo by JASON REDMOND/AFP via Getty Images)

Boeing appears close to securing key regulatory approvals for its grounded 737 Max to fly again — a potential lifeline for the struggling plane maker.

New York (CNN Business)Boeing appears close to securing key regulatory approvals for its grounded 737 Max to fly again — a potential lifeline for the struggling plane maker.

Last week, the FAA published a draft of the proposed pilot training for the Max — just one of a half-dozen procedural steps the agency has laid out that will need to be completed before it grants final approval for airlines to fly the plane again.

In an unusual move last month, Steve Dickson, the head of the FAA and a former airline pilot, did his own test flight of the Max. Afterward, he said he liked what he saw on the flight, but he wanted to make some tweaks to the training that pilots would receive to fly the plane again.

And the problems at Boeing have only compounded since the grounding of the Max. Demand for air travel ground to a near halt earlier this year and airline losses soared when the pandemic hit, drastically reducing orders and deliveries of jets.

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