Boeing 737 MAX 7 receives FAA certification – major milestone for production ramp and cash flow

FAA certifies 737 MAX 7, first new aircraft certification since safety crisis. Unlocks ~30 built units for delivery, clears path for MAX 10 (28% of MAX backlog). Supports production ramp to 52/month and $10B FCF target. New Everett line opened. Positive catalyst for near-term delivery growth and long-term financial performance. MAX 10 certification still pending (2026 target).