👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

U.S. FAA requiring 737 MAX electrical bonding fixes

Published 04/28/2021, 02:51 PM
Updated 04/28/2021, 02:55 PM
© Reuters. FILE PHOTO: A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington
BA
-

WASHINGTON (Reuters) - The U.S. Federal Aviation Administration (FAA) on Wednesday issued a new airworthiness directive requiring some Boeing (NYSE:BA) 737 MAX planes to get fixes to address insufficient electrical bonding before resuming flights.

The FAA said last week the issue impacted about 106 airplanes worldwide, including 71 in the United States.

Boeing on April 7 recommended operators halt flights as it worked on a fix for the electrical power system issue.

© Reuters. FILE PHOTO: A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington

Boeing Chief Executive Dave Calhoun said Wednesday in an email to employees the company is "finalizing the plans and documentation with the FAA to outline the process required for operators to return their airplanes to service."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.