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Boeing 787 set to get the all clear to resume production

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The Federal Aviation Administration’s acting chief is meeting with safety inspectors to decide whether Boeing can resume deliveries of its 787 Dreamliner

It’s been plagued by production issues that prompted the planemaker to stop deliveries in May 2021.

The FAA has approved Boeing’s inspection and modification plan to resume deliveries of 787 Dreamliners, according to sources.

Reuters says the FAA had approved Boeing’s proposal that requires specific inspections to verify the airplane meets requirements and that all work has been completed.

The purpose of acting Administrator Billy Nolen’s visit “is to ensure that the FAA is satisfied that Boeing has taken the appropriate steps to improve manufacturing quality and to guarantee the autonomy of workers who ensure regulatory compliance on the company’s assembly lines,” 

faa statement

The FAA noted that even when deliveries resume, it “will inspect each aircraft before issuing an airworthiness certificate. 

The planemaker has faced production issues with the 787 for more than two years. In September 2020, the FAA said it was “investigating manufacturing flaws” in some 787 jetliners.

Boeing now promising to work harder to maintain safety on the program.

There’s a massive backlog of aircraft waiting to be built and delivered, so good news for airlines and passengers.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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