A Boeing 737 MAX aircraft is assembled at the company's plant in Renton, Washington, on June 25, 2024. Jennifer Buchanan/Pool/Reuters/File

Boeing can hike 737 MAX production to 42 planes per month after the Federal Aviation Administration lifted a 38-plane-per-month cap that had been in place since January 2024, the agency and planemaker said on Friday.

The FAA imposed the unprecedented production cap shortly after a 2024 mid-air emergency involving a new Alaska Airlines 737 MAX 9 that was missing four key bolts.

The announcement is a significant milestone for the U.S. planemaker, which was plunged into a safety crisis following the mid-air incident.

The FAA said on Friday its safety inspectors “conducted extensive reviews of Boeing’s production lines to ensure that this small produc

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