FAA approves Boeing's 737 Max to fly passengers again

The Federal Aviation Administration (FAA) issued an order Wednesday that paved the way for the troubled Boeing 737 Max to carry passengers again, ending the jet's 20-month grounding.

After the FAA announcement, the Air Line Pilots Association released a statement saying it "believes that the engineering fixes to the flight-critical aircraft systems are sound and will be an effective component that leads to the safe return to service of the 737 MAX."

When the aircraft returns to the skies, some airlines are likely to downplay the "Max" label using the plane's formal variant names, such as "737 -7" or "737 -8," Reuters reports, citing industry sources familiar with the branding.