Boeing shares tumble after US grounds some 737 MAX jets
Boeing shares plunged to close 8% lower on Monday following the temporary grounding of some of its best-selling 737 MAX jets by the U.S. aviation regulator.
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Boeing shares plunged to close 8% lower on Monday following the temporary grounding of some of its best-selling 737 MAX jets by the U.S. aviation regulator.
A blowout on an Alaska plane may be due to correctable manufacturing errors. Less easily remedied: wider quality issues after losing veteran workers during the pandemic.
Boeing issued a directive for airlines to inspect 737 MAX rudders due to potential loose bolts. The rudder, pivotal for controlling flight
A surge in demand and labor issues have put the industry under stress. Commercial flying remains safe by historical measures.
An incident involving Alaska Airlines Flight 1282 raised serious safety concerns and prompted the temporary grounding of Boeing 737 Max aircraft.