FAA Lays Out Agency Changes in Wake of 737 MAX Crashes -- Market Talk

1844 EDT [Dow Jones] -- U.S. air-safety regulators have sketched out a series of proposed technical, procedural and policy changes in the wake of the Boeing 737 MAX crisis. Responding to recommendations from a blue-ribbon advisory panel created by the Transportation Department, the Federal Aviation Authority said the group's findings "underscore that our existing strategic safety initiatives are sound." But the agency said ongoing and envisioned adjustments to certification of new models include closer cooperation with foreign aviation authorities. The changes encompass everything from enhanced focus on human factors to closer staff coordination to updated safety assessments evaluating derivatives of existing aircraft types. Basic principles of delegating certain FAA authorities and approvals to manufacturers, though, will remain, largely the same. (andy.pasztor@wsj.com)

(END) Dow Jones Newswires

May 19, 2020 19:04 ET (23:04 GMT)

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