15.7 C
Saturday, May 8, 2021

Boeing suspends deliveries of 737 Max due to electrical problem

Must read

UK Time Newshttps://www.uktimenews.com
UK Time News is your daily dose of Latest News, Entertainment, Music, Fashion, Lifestyle, World, Cricket, Sports, Politics, Tech, Business News Website. We provide you with the Latest Breaking News Straight from the UK & all around the World on different categories.

An unpainted Boeing 737 MAX is seen parked in an aerial photo at Renton Municipal Airport near the Boeing Renton facility in Renton, Washington, U.S. July 1, 2019. Photo taken July 1, 2019.

Lindsey Wassen | Reuters

Boeing said on Wednesday it had suspended deliveries of its 737 Max after an electrical problem grounded more than 100 planes around the world earlier this month.

READ  Gap takes training brand Athleta to Canada, home rival of Lululemon
READ  India could build new coal-fired power plants due to low cost despite climate change

The issue is the latest to impact the planes, which were stranded for most of 2019 and 2020 after two fatal crashes killed 346 people. Boeing resumed deliveries of the jets, its best-selling aircraft, late last year after regulators approved a number of fixes after the crashes.

A final fix for planes has taken longer than expected and comes as airlines prepare for a busy summer season after a devastated 2020 pandemic. CEO Dave Calhoun told UKTN earlier on Wednesday that he was expected a solution “in a relatively short time”. but did not provide an exact date. The Federal Aviation Administration, which would approve the fixes, said it “continues to work closely with Boeing on this issue.”

READ  AST SpaceMobile stock rises as Space SPAC stock begins trading on the Nasdaq

A solution to the electrical problems will likely only take a few days by plane, Calhoun said.

Calhoun said in a quarterly call that the new pause in Max deliveries to airlines “will make our April deliveries very light.”

READ  WHO is closely monitoring 10 variants of Covid as virus mutates around the world

“For now, we plan to catch up with deliveries over the rest of the year,” he said.

Boeing shares were down more than 3% by noon after Boeing reported a larger-than-expected loss.

READ  Tesla reports its results this afternoon. Traders share if it's a purchase here


More articles


Latest article