US FAA, on March 17th, cleared Boeing (BA) to continue advancing its long-delayed 777-9 into the fourth phase of certification testing

US FAA, on March 17th, cleared Boeing (BA) to continue advancing its long-delayed 777-9 into the fourth phase of certification testing.

The FAA's clearance for Boeing to advance its 777-9 testing indicates progress in a crucial project that has faced significant delays. This approval can be seen as a positive step for Boeing, potentially enhancing investor confidence and outlook for future revenues from new aircraft deliveries as certification moves forward. It's also worth considering the broader implications for the aviation sector and any potential re-rating of Boeing's valuation as milestones are achieved.