(HNMO) - On April 14, Reuters reported that shares of the world's leading aircraft manufacturer Boeing fell sharply after a series of 737 MAX aircraft encountered quality problems again, forcing production to be temporarily suspended.
Boeing shares fell 4.5% in Friday trading. The problem involved the improper installation of two parts made by aviation parts maker Spirit, which connect the rear fuselage to the vertical tail.
Spirit reportedly notified Boeing of the incident in the middle of this week. However, the incident is believed to have occurred in 2019 and Boeing is still determining how many planes may be affected.
In a statement on the same day regarding the quality of the 737 MAX, Boeing said the problem could affect a "significant" number of undelivered aircraft that are in production and in storage, and could lead to a reduction in the number of 737 MAX aircraft delivered in the near future.
The issue affects multiple 737 MAX variants, including the MAX 7, MAX 8 and MAX 8200 as well as the P-8 Poseidon maritime surveillance aircraft based on the 737 NG model.
Boeing confirmed that this incident is not related to safety and that aircraft in operation can continue to operate.
The Boeing 737 MAX has been a troubled aircraft for Boeing for many years. Earlier this year, the US aircraft company and its partner airlines lost hundreds of millions of dollars due to the crisis related to this product line. In 2019, two 737 Max crashes killed 346 people.
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