Boeing's long-awaited 737 Max 10 just hit another speed bump. On Monday, FAA Administrator Bryan Bedford said the agency will hold off certifying the jet until it understands a newly flagged software problem. Boeing disclosed the glitch over the weekend, saying it could cut off automated landing guidance if pilots abort a landing and try again.
Bedford said regulators have not decided whether it is a safety-of-flight issue. He noted the software came from GE Aerospace and that pilots kept control during the problem, unlike in the 2018 and 2019 Max crashes. Investors were not calm. Boeing shares fell nearly seven percent, one of the company's worst days in months. The Max 10 is the biggest jet in the family and had been expected to win approval within weeks. Now it is yet another waiting game. Boeing says it is developing a software update and will follow the FAA's lead.
