Boeing stock prices surges following its announcement of con...| MENAFN.COM

Tuesday, 04 October 2022 05:56 GMT

Boeing stock prices surges following its announcement of continuation in 787 Dreamliner aircraft deliveries


(MENAFN) US-based airplane manufacturer Boeing can continue shipments of its 787 Dreamliner aircraft, the nation's Federal Aviation Administration (FAA) declared on Monday.

The American aviation regulator stated in an announcement that "Boeing has made the necessary changes to ensure that the 787 Dreamliner meets all certification standards."

It also stated that "The FAA will inspect each aircraft before an airworthiness certificate is issued and cleared for delivery. We expect deliveries to resume in the coming days."

The share price of Boeing raised to USD171.09 per stock on the New York share Exchange following the FAA ruling – increasing 3.6 percent from the prior end of USD165.04 per stock.

Shipments of 787 Dreamliners were blocked for nearly two years because of an amount of errors in engineering.

Boeing's biggest customers, includes United Airlines as well as American Airlines, were unsuccessful to get fresh Dreamliners whereas airline travel started to increase this summer in the after epidemic period.

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