The Boeing Company (BA) Secures 777 FAA Node Amid Soaring Demand

The Boeing Company (NYSE:BA) is one of the top Robinhood stocks with high potential. On March 18, the US Federal Aviation Administration permitted The Boeing Company (NYSE:BA) to continue advancing the 777-9 jet into the fourth phase of certification testing.

The Boeing Company (BA) Secures 777 FAA Node amid Soaring Demand

The certification is a significant milestone as the 777-9 is the first model of the long-delayed 777X jet. It is from this model that the aerospace giant has taken $15 billion in charges and is six years behind schedule. The 777X is designed to succeed the 747 and 777 and make up Boeing’s wide-body lineup, in partnership with the 787 Dreamliner.

Reports indicate that Boeing is preparing for the first flight of a production 777X jet in April as certification continues. Once certified, it will be the world’s largest twin-engine jet, capable of reducing fuel use and emissions by 20%. It is also poised to set new standards in efficiency and passenger experience. Last year, Emirates committed to $38 billion in new wide-body orders at the Dubai Airshow. The order includes 65 Boeing 777-9.

The Boeing Company (NYSE:BA) is the world’s largest aerospace company and a top U.S. exporter, specializing in designing, manufacturing, and servicing commercial jetliners, defense platforms, and space systems for customers in over 150 countries.

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