Boeing has officially won the FAA's stamp of approval to ramp up production of its 737 MAX aircraft to a whopping 42 planes per month.

This move comes nearly two years after the tragic accidents that rocked the company and the aviation sector. The FAA's decision is a pivotal step for Boeing to regain its foothold in the market.

Industry experts believe this increase could enable Boeing to meet rising demand as air travel rebounds. The approval reflects confidence in Boeing's safety measures and operational improvements since the incidents.

Here's the full scoop.