Boeing stock loses – issues discovered: 737 Max debacle continues

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The American aviation group Boeing has a new problem with its former emergency aircraft 737 Max. Deliveries would have to be shortened due to manufacturing defects and necessary inspections, it said on Thursday. Investors reacted nervously and Boeing shares initially fell about four percent in after-hours trading.

Boeing explained that it was not an acute safety risk and would not affect the flight operations of the 737 Max fleet. However, the issue affects a “significant number” of machines that have not yet been handed over to customers and are still in production. The United States Air Traffic Control Agency (FAA) has been notified.

According to Boeing, these are shortcomings found at the major supplier Spirit AeroSystems, which manufactures the fuselages of many of the medium-haul aircraft.

737 Max debacle never ends
The 737 Max series is Boeing’s most popular model series. She had already caused enormous difficulties for the Airbus rivals with two crashes due to technical defects, which killed a total of 346 people in 2018 and 2019. The crisis at the American group around the 737 Max debacle actually seemed largely over.

Source: Krone

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