US aviation regulators approved a critical set of test flights on the Boeing Co 737 MAX to begin as soon as yesterday after reviewing the manufacturer’s safety assessment of the multiple fixes devised for the plane.
The US Federal Aviation Administration (FAA) confirmed the start of the multiday program in an e-mail to congressional staffers on Sunday.
“Over the past several weeks the FAA has been reviewing the system safety assessment submitted by Boeing,” the agency said in the e-mail. “The FAA’s Type Inspection Authorization Board has completed its review, clearing the way for flight certification testing to begin.”
FINAL STAGES
The action signals that the government is finally comfortable with the multiple fixes that the planemaker has devised for the aircraft, which has been grounded for more than 15 months after two fatal crashes.
Two people briefed on the planning said that the goal was to begin the tests yesterday, but the start was still subject to last-minute delays.
Such tests are one of the final stages by the government before it certifies an aircraft.
ONE STEP FORWARD
The FAA would have one of its test pilots fly the plane alongside a Boeing pilot. They would be accompanied in the cockpit by an FAA flight-test engineer and a Boeing flight-test manager. Additional specialists would be in the cabin monitoring computerized instrumentation on the plane.
“We continue to work diligently on safely returning the 737 Max to service. We defer to the FAA and global regulators on the process,” Boeing wrote in a statement.
The FAA said in its letter that a number of steps remain before the aircraft can resume carrying passengers in the US, and by extension, elsewhere around the world.
“It is important to note, getting to this step does not mean the FAA has completed its compliance evaluation or other work associated with return to service,” the agency said. “The FAA has not made a decision on return to service.”
It will take months for the agency to complete new pilot-training standards and issue regulations governing multiple software and hardware changes to the plane.
Airline customers have been told that it could come in September if all goes well, although they would still have to retrain pilots and perform maintenance on the fleets of planes that have been in storage before they enter service.
INDIVIDUAL INSPECTIONS
The FAA added that it would retain the authority of inspecting each new plane to ensure that it meets all federal requirements.
The MAX was grounded by the FAA on March 13 last year, after most of the rest of the world had already sidelined the plane following the second fatal crash involving a flight-control feature. The crashes — in October 2018 off the coast of Indonesia and in March last year near Addis Ababa — killed a total of 346 people.
The certification flights are scheduled to occur over three separate days.
The agency, which worked closely with Boeing during the process of revising the plane, has a list of maneuvers that it would demonstrate on the plane to verify that alterations to its system function as designed.
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
US sports leagues rushed to get in on the multi-billion US dollar bonanza of legalized betting, but the arrest of an National Basketball Association (NBA) coach and player in two sprawling US federal investigations show the potential cost of partnering with the gambling industry. Portland Trail Blazers coach Chauncey Billups, a former Detroit Pistons star and an NBA Hall of Famer, was arrested for his alleged role in rigged illegal poker games that prosecutors say were tied to Mafia crime families. Miami Heat guard Terry Rozier was charged with manipulating his play for the benefit of bettors and former NBA player and