Arab Press

بالشعب و للشعب
Saturday, Dec 21, 2024

Boeing warns of 737 Max delays over quality problem

Boeing warns of 737 Max delays over quality problem

Boeing shares have tumbled more than 6% after the US plane-maker disclosed a manufacturing issue affecting its 737 Max planes.
The aviation giant said a supplier had revealed that the installation of fittings on the rear of the planes did not follow the standard.

Boeing said the problem was not an "immediate safety of flight issue".

But it warned it could lead to delivery delays.

"We regret the impact that this issue will have on affected customers and are in contact with them concerning their delivery schedule," the company said in a statement.

The latest problem comes as Boeing has been under intense scrutiny since two accidents in 2018 and 2019 involving its 737 Max planes killed 346 people.

Authorities said the accidents were triggered by design flaws in its flight control software. Boeing ultimately agreed a $2.5bn settlement with US authorities, who had accused the firm of concealing information from regulators about updates to the system.

Thomas Hayes, chairman and managing member at Great Hill, said investors may be over-reacting to the current issue.

Shares in Spirit Aerosystems, Boeing's supplier, also plunged more than 20% on Friday, following the disclosure.

But, he added, "I can understand why it's a shoot first and ask questions later because Boeing has impaired their trust with investors over the constant and repeated errors over the last few years."

Boeing's 737 Max was grounded for more than a year following the accidents.

The company has also faced a series of supply issues as it tries to emerge from the cloud cast by that scandal and ramp up production.

In February, the firm was forced to halt deliveries of its widebody 787 Dreamliner due to a problem with its data analysis. US transportation regulators cleared Boeing to resume deliveries last month.

Boeing said a "significant number" of undelivered jets in production and in storage were affected by the new issue, which affects 737 Max family of airplanes, including the Max 7, Max 8 and Max 8200 airplanes, in addition to is P-8 Poseidon maritime surveillance aircraft. Some planes involved are already in service.

The company said it was working with regulators to conduct inspections and replace fittings "where necessary".

"This is not an immediate safety of flight issue and the in-service fleet can continue operating safely," the company said.

Delivery delays from Boeing could worsen problems at airlines, which have have been scrambling to upgrade their fleets as demand for air travel soars.

Southwest Airlines, one of Boeing's big customers, said it expected its orders to be delayed by the new issue, while United Airlines said it did not expect to be affected.

American Airlines said it was still working to understand the impact.
Comments

Oh ya 2 year ago
Flying in a Boeing is sort of a death wish nowdays

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Saudi Football Star Fahad Al-Muwallad in Critical Condition After Balcony Fall
Gaza Ceasefire Hangs by a Thread as Mediators Navigate a Stalemate of Epic Proportions
Syria's Future: A Fight for Democracy or Another Cycle of Oppression?
Gaza on the Brink: Economic Collapse and the Humanitarian Abyss
Ankara Ascends: Turkey's Rising Influence in Syria's Post-Assad Landscape
International Tensions Escalate Amid Gaza Conflict and Syrian Crisis
Gaza Conflict at Day 439: Renewed Ceasefire Hopes Amidst Ongoing Strife
Global Challenges: Syrian Repatriation, Natural Disasters, and Political Turmoil
U.S. Indicts Syrian Officials for Torture Amidst Assad's Overthrow: A New Era of Accountability and Diplomatic Reevaluation
Global Geopolitical Shifts: U.S. Strategy in Syria, Regional Tensions, and Calls for Nuclear Disarmament
Major Geopolitical Developments: Turkiye Reopens Border for Syrian Refugee Returns Amidst Regional Tensions and Political Transformations
Hypersonic Tensions: Yemen's Missile Disrupts Israel Amid Regional Escalation
Escalating Middle East Tensions and U.S. Tragedy: A Global Snapshot
Germany Suspends Syrian Asylum Decisions Amid Post-Assad Uncertainty
Israeli Airstrikes on Gaza: A Blow to Civilians and Press Freedom
Global Instability: UAE Advocates for Syrian Unity Amidst Middle East Tensions, Military Setback in Turkey, and Escalating Violence in Haiti
Key Regional Shifts in the Middle East Following Assad's Ouster: Challenges and Opportunities
France Supports Syria's Transition After Assad's Ouster Amid Middle East Turmoil
Recent Global Power Shifts: Political Upheavals and Security Challenges Redefining Nations
Global Conflicts and Health Developments: From Gaza's Hospital Crisis to Morocco's Medical Advancements
Transformative Shifts in Global Politics: The Fall of Assad, Maritime Piracy Threats, and Political Change in Ghana
Turbulent Transition: Syria's Political Upheaval and Global Reactions
Escalating Middle Eastern Conflicts and Political Tensions: A Snapshot of Global Unrest and Efforts for Stabilization
Syria's Crossroads: Can Hayat Tahrir al-Sham Lead a Unified Country After Assad's Fall?
End of an Era: Assad's Departure Amid Rebel Advances Signals Major Shift in Syria's Civil War
Global Shifts: UK Trade Missions, Korean Political Turmoil, and Syrian Conflict Dynamics
Escalating Global Tensions: Hospital Destruction in Gaza, Lebanese Military Movements, Alaskan Volcano Alert, Syrian Conflict Developments, Golan Heights Security, and U.S. Aid to Ukraine
Morocco Secures $13 Billion Investment for Railway Expansion at Africa Investment Forum
Israeli Strikes Devastate Gaza Hospital; EU Lifts Pakistan Airlines Ban; Global Holiday Traditions and Middle East Tensions Highlighted
Global Tensions and Shifts: From Netanyahu's Critique and African Political Instability to Syrian Rebel Advances and Renewed Middle East Peace Efforts
Military Diversity Debate, Gaza Clashes, Notre Dame's Rebirth, South Korean Political Crisis, Trump's Diplomatic Visit, and Ghana's Pivotal Election
U.S. State Department Urges Immediate Evacuation from Syria Amid Escalating Conflict and Strategic Power Shifts
Global Hotspots: Humanitarian Crises, Geopolitical Tensions, and Key Developments in Gaza, Lebanon, Colombia, Ghana, the UK, and Syria
Global Unrest and Diplomacy: Travel Warnings, Security Strategies, and Legal Challenges Highlight Shifting International Landscape
Key Global Developments: Crisis Management, Climate Impact, Diplomatic Changes, and Cultural Recognition
China-Taiwan Tensions Escalate Amid US Engagements; Global Diplomatic Challenges Unfold
Global Political Shifts: Impeachment in South Korea, Taiwan's US Outreach, Syrian Humanitarian Crisis, and Notable Developments in the UK, India, and Southeast Asia
Escalating Global Crises: High-Profile Manhunt, Antisemitic Violence in Australia, Middle East Tensions, Iran's Space Ambitions, and Strategic Military Patrols in Asia-Pacific
Tragic Loss: Al Jazeera Journalist Killed Amid Escalating Gaza Violence
Exodus from Beirut: The Drastic Closure of Skies and Its Implications for Lebanon
Seismic Stability, Tech Innovation, and Diplomatic Strategies: Key Developments in California, US Policy, and Global Conflict
Global Dynamics: Middle Eastern Alliances, Western Political Challenges, and Shifts in European Geopolitics
Global Headlines: Search for NZ Climbers, Namibia's First Female President, French Political Shifts, US CEO Assassination, Jenin Tensions, and Syrian Exodus
Top Boy's Name in England and Wales Reveals Cultural Shift; International Rescue in Red Sea Highlights Maritime Cooperation; Middle East Tensions and Humanitarian Crises Escalate Amid Ceasefire Hopes
Global Tensions and Transformations: Military Criticism, Diplomatic Strains, Syrian Conflict Shifts, EU Aspirations, and Judicial Challenges
Global Crisis Overview: Renewed Conflict in Syria, Security Challenges in the Philippines, Political Turmoil in France, Allegations in Iraq, and Humanitarian Appeals for Sudan.
Global Diplomacy and Humanitarian Efforts Amid Rising Tensions: Key Developments and Challenges
Global Challenges in 2024: Aid Worker Attacks, Accusations of Genocide, Fragile Economies, and Political Turmoil
Global Tensions Intensify Amid Israeli Raid, U.S. Immigration Policies, Migrant Rescues, Defense Concerns, and Trump's Legal Battles
Global Tensions and Humanitarian Struggles: Key Developments in Lebanon, Afghanistan, Qatar-UK Relations, Israel-Gaza Conflict, French Politics, and Southern Africa Drought
×