Boeing Max production could be slowed by issue with parts

By AP News

In this article

  • Loading...
  • Want to see what you should be buying? Check out our top picks.

Boeing has a new problem with its 737 Max planes

Boeing Max Supplier

Boeing said Thursday that production and delivery of a “significant number” of its 737 Max planes could be delayed because of questions about a supplier’s work on the fuselages.

Boeing said the supplier, Spirit AeroSystems, used a “non-standard manufacturing process” during installation of fittings near the rear of some 737s. Aircraft parts must be produced and installed to meet exacting federal standards.

The company said the situation is not an immediate safety issue and planes already flying “can continue operating safely.” But, Boeing said, it notified the Federal Aviation Administration about the matter and is working to inspect planes and replace fittings when necessary.

The FAA said that “based on the facts and data Boeing presented, the FAA validated the company’s assessment that there is no immediate safety issue."

The parts issue is the latest setback for Boeing. All Max planes were grounded worldwide for nearly two years after a pair of deadly crashes, and production flaws halted deliveries of the larger 787 jetliner several times in the past three years.

A Boeing spokeswoman said Thursday that the company could not say exactly how many planes are affected because the issue was just discovered.

Spirit provides fuselages for all Max jets, but it is not the only supplier for the fittings. For that reason, production of one model, the Max-9, is not affected by the current situation.

Shares of Arlington, Virginia-based Boeing fell more than 4% and Spirit tumbled more than 7% in after-hours trading.

Explore more on these topics:

Share:

IMPORTANT NOTICE AND DISCLAIMER

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Originally published by Associated Press Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

Sign up for Investing Intel Newsletter