Boeing Stock Stalls, Spirit AeroSystems Pokes More Holes In 737 Delivery Schedule

Boeing has discovered a defect in the 737 Max jet, leading to a delay in deliveries and causing Boeing stock to drop nearly 5%, with supplier Spirit AeroSystems falling over 12%. Despite the defect, the Federal Aviation Administration assures that it does not pose a safety threat.

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Relevant topic timeline:

8/23/2023

Boeing says a new 737 Max flaw will slow airplane deliveries

Boeing's deliveries of the 737 Max will be delayed due to a new manufacturing flaw involving improperly drilled fastener holes on the aft pressure bulkhead, affecting only some units, while inspections are conducted and required rework is completed.

8/24/2023

New Boeing 737 MAX supplier defect to delay aircraft deliveries

Boeing has announced a new quality issue with its 737 MAX planes, involving supplier Spirit AeroSystems, resulting in improperly drilled holes on the aft pressure bulkhead, which could lead to a delay in deliveries and potentially cause the company to miss its annual delivery target.

8/24/2023

Boeing Stock Drops. 737 Deliveries Are at Risk After Issue at Spirit AeroSystems.

Boeing stock falls due to quality concerns with supplier Spirit AeroSystems, which could impact deliveries of 737 models.

8/25/2023

Are ‘Locusts and Boils’ Next for Boeing? Buy the Stock Anyway.

Boeing stock declines for a second day after a quality issue in the supply chain for the 737 MAX jet, but Wall Street remains optimistic.

9/7/2023

Boeing Needs a New Plane Model or Risks Losing Market Share. There Is a Wild Solution.

Boeing faces the risk of losing market share if it doesn't introduce a new plane model, and one potential solution is to embrace new aviation technology to outpace rival Airbus.