UAL - Boeing Expert Says 737 MAX Freeze & Certification Challenges May Lead To Customer Loss: BofA Analyst | Benzinga
BofA Securities analyst Ronald J. Epstein hosted Chris Brady, author of The Boeing 737 Technical Guide, to discuss the Federal Aviation Administration’s (FAA) mandatory production freeze of Boeing Co’s (NYSE:BA) 737 MAX aircraft and the possible implications for MAX 7 and MAX 10 certification process.
As per the analyst, Brady praised the FAA’s decision to freeze production rates and noted that an alternative (such as slowing down rates) could have been much worse for Boeing.
The analyst is cautious about the probability of the MAX 7 and 10 aircraft being allowed Time Limit Exceptions (TLE) due to scrutiny related to the door plug incident of Alaska Air Group Inc (NYSE:ALK).
Brady says that, before that incident, the ...