Fallout of Boeing 737, Legislation and Insurance Repercussions
The 737 Max 8 tragedy offers the FAA, Boeing, aviation manufacturers, lawmakers, and aviation insurers an opportunity to learn from the mistakes of the past and to make aviation safer.
On Nov. 18, 2020, the Federal Aviation Administration set forth the requirements for the 737 Max 8 to return to service after the March 13, 2019, grounding of the world’s most popular airliner following two crashes that killed 346 people. The scrutiny associated with the Max 8 crashes has highlighted the way the FAA has deputized aviation manufacturers to self-certify the safety of their own products.
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