Boeing’s 737 Max could be approved to resume commercial service as soon as next week, with US aviation regulators finalising their review of fixes to the grounded jetliner.
The Federal Aviation Administration is set to announce the certification as soon as November 18, said people familiar with the process, who asked not to be named because the deliberations are private. Boeing has begun briefing lawmakers on the plans, which are still subject to change, one of the people said.
The US aviation regulator expects to complete its review of changes to the aircraft “in the coming days,” FAA Administrator Steve Dickson said Monday in an emailed statement, without specifying a date. Boeing’s best-selling plane has been banned from the skies since March 2019 after two crashes killed 346 people.
A decision by regulators to end the longest jetliner grounding in US history would mark a major milestone for Boeing’s effort to revive the core of its commercial-aircraft business. Still, with the coronavirus pandemic flattening demand for new planes, the US planemaker faces an arduous recovery as it seeks to reap cash by delivering hundreds of Max built during the flying ban, which will reach the 20-month mark on Friday.
“Aside from some limited replacement demand, no one needs any jets for growth and the market is going to stay very soft for a number of years,” Richard Aboulafia, aerospace analyst with Teal Group, said in an interview before news of the FAA’s potential move next week.
Boeing rose 2.2 percent to $183.30 after the close of regular trading in New York. The stock has plunged 45 per cent so far this year, the biggest drop on the 30-member Dow Jones Industrial Average.
The possible timing of the FAA’s approval of the Max is little surprise. In recent weeks, regulators in the US and Europe had signaled they were close to clearing the plane to fly after taking it through a series of flight tests. European regulators have said they’re satisfied with Boeing’s proposed changes to the jet.
Commercial flights wouldn’t begin immediately after the FAA approves the plane for service. American Airlines, for example, is planning to make Max flights starting December 29 on the busy Miami-New York corridor.
In the FAA statement, Mr Dickson said the agency continues to have final discussions with authorities in other nations and won’t authorise a return to service until it’s satisfied the plane is safe.
When the FAA acts, it intends to issue a complete package that will allow restoration of commercial flights on the plane, said the person familiar with the agency’s intentions.
The FAA is reviewing physical fixes to a system that repeatedly dove in both accidents until pilots lost control. It is also requiring an update to the jet’s flight-control computer and to wiring to improve safety.
Separately, the agency will approve new training for pilots to add an additional layer of safety and to set requirements for the maintenance required to ensure the mothballed planes can be returned to service.
A group of independent government experts known as the Technical Advisory Board, which has reviewed the FAA’s work on the plane, is also expected to issue a final report.
23-man shortlist for next six Hall of Fame inductees
Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.
'Downton Abbey: A New Era'
Director: Simon Curtis
Cast: Hugh Bonneville, Elizabeth McGovern, Maggie Smith, Michelle Dockery, Laura Carmichael, Jim Carter and Phyllis Logan
Rating: 4/5
Western Clubs Champions League:
- Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
- Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
- Friday, Sep 22 – Kandy v Bahrain
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Opening day UAE Premiership fixtures, Friday, September 22:
- Dubai Sports City Eagles v Dubai Exiles
- Dubai Hurricanes v Abu Dhabi Saracens
- Jebel Ali Dragons v Abu Dhabi Harlequins
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Global state-owned investor ranking by size
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1.
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United States
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2.
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China
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3.
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UAE
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4.
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Japan
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5
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Norway
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6.
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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Teachers' pay - what you need to know
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
What She Ate: Six Remarkable Women & the Food That Tells Their Stories
Laura Shapiro
Fourth Estate
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
