© Reuters.

By Dhirendra Tripathi

Investing – Boeing (NYSE:) shares fell nearly 2% Friday on a WSJ report that said the jet maker had halted deliveries of its 787 Dreamliner planes as regulators have asked for more information on its proposed solutions to previously identified quality issues.

The U.S. plane maker’s 737 MAX and 787 have been afflicted by electrical and other issues since late last year, and it only resumed deliveries of the 787s in March after a five-month hiatus.

“Boeing still needs to show that its proposed inspection method would meet FAA’s federal safety regulations. The FAA is waiting for additional data from Boeing before determining whether the company’s solution meets safety regulations,” the FAA said in a statement, according to Reuters.

American Airlines (NASDAQ:) was slated to receive a Dreamliner this week, but that delivery isn’t expected until at least next week now, the WSJ report said.

The latest setback is likely to delay Boeing CEO David Calhoun’s plan to deliver 10 to 12 Dreamliners every month.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link


Please enter your comment!
Please enter your name here