UPDATE 1-FAA panel reviewing 737 MAX certification will take additional time

The Federal Aviation Administration said on Friday a blue-ribbon panel of experts around the world will need a few more weeks to finish its review into the Boeing 737 MAX certification. Boeing Co has said it hopes to receive regulatory approval for updated flight control software at the center of both crashes in October, but it could take a month or two for airlines to train pilots on the new software and prepare the jets for commercial flight after sitting idle for months. In September the NTSB plans to outline airplane design certification procedures, the head of the agency, Robert Sumwalt, told Congress in July.

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