Boeing gains as FAA finds 737 MAX software glitch poses no safety concern

** Shares of Boeing BA.N up about 1% at $194 in afternoon trading

** On Friday, the Federal Aviation Administration (FAA) said an expert panel determines a software glitch in some Boeing 737 MAX flight computers does not pose a safety concern

** FAA says pilots retain full control of the aircraft and flight crew indications remain clear and unambiguous

** The finding paves the way for certification of Boeing's 737 MAX 10 after the FAA completes its review of the issue

** FAA will issue special airworthiness bulletin to airlines to ensure they are aware of Boeing bulletin on 737 Max software issue - FAA official

** Including session's move, stock had fallen 10.1% YTD