Boeing 737 Max 10 certification delayed by software issue

Key Points:

• The FAA is delaying certification of Boeing's 737 Max 10 due to a newly identified software glitch that could affect certain landing procedures, as the agency investigates whether it poses a safety risk.
• Boeing had anticipated receiving approval soon, but the issue, related to the vertical navigation system during go-arounds, has caused a setback after years of delays for the Max family.
• FAA Administrator Bryan Bedford emphasized that pilots remain in control and are trained for such scenarios, but the agency is concerned about the increased pilot workload caused by the software issue.
• Boeing shares dropped nearly 7% following the announcement, reflecting investor concerns over continued certification delays amid the company's efforts to recover from past Max safety crises.
• The FAA recently certified the Max 7 with updated software, but it is unclear how the glitch will affect deliveries, and U.S. airlines currently operate Max aircraft without the problematic software version.