WASHINGTON, Oct 17 (Reuters) - Boeing ( BA ) can hike

737 MAX production to 42 planes per month after the Federal

Aviation Administration lifted a 38 plane-per-month cap 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 missing four key bolts. The announcement is a

significant milestone for the planemaker that was plunged into a

safety crisis following the mid-air incident.