I thought that they already had approval for installations in 737 aircraft as per an extraction
from their 21 Dec 2015 announcement. Does the following not mean what I believe it means?
As a brief recap, the Company's CVMTM technology was installed in Boeing 737-NG aircraft operated by Delta, in what was a global first for any technology application in the structural health monitoring of civilian aircraft. The final meetings, attended by all participants, to approve CVMTM as an alternate maintenance program to conventional inspections - the key desired outcome of the Programme - were conducted and completed earlier this week.
The Company is delighted to report that Boeing approval has now been granted in this regard, and similarly, that subsequent FAA approval is also confirmed. Both approvals will be fully documented and formalised in the near-term once the required paperwork has been prepared and executed.
I thought that they already had approval for installations in...
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