The Federal Aviation Administration administrator Steve Dickson told CNBC's Squawk Box that the recertification of the Boeing 737 Max will extend into 2020.
Dickson's forecast dashes Boeing's long-held estimate that regulators would re-approve the plane before the end of the year.
Boeing 737 MAX airplanes sit parked at a Boeing facility adjacent to King County International Airport, known as Boeing Field, on May 31, 2019 in Seattle, Washington. Boeing 737 MAX airplanes have been grounded following two fatal crashes in which 346 passengers and crew were killed in October 2018 and March 2019.U.S. aviation regulators won't likely clear Boeing's troubled 737 Max airplanes for flight until 2020,had of getting the planes re-certified before the end of the year.
"Like I said there are a number of processes, milestones, that have to be completed," Dickson said in an interview on "Squawk Box." "If you just do the math, it's going to extend into 2020." The return date of the fuel-efficient planes has repeatedly slipped. The uncertainty has been a challenge for airlines like Southwest and American, which have lost hundreds of millions of dollars in revenue with the planes out of service. U.S. airlines that fly the planes don't expect them back in service until at least early March.
Even if the FAA approves the planes, airlines will have to take mothballed planes out of service and trains thousands of Boeing 737 pilots.in early November that the agency will work to better assess how human pilots interact with increasingly automated and complex aircraft. He also said that human factors should be considered "throughout the design process."This is a developing story please check back in for updates.
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