{"id":52403,"date":"2023-08-24T07:31:35","date_gmt":"2023-08-24T11:31:35","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/boeing-stock-drops-737-deliveries-at-risk-after-issue-at-spirit-aerosystems\/"},"modified":"2023-08-24T07:31:37","modified_gmt":"2023-08-24T11:31:37","slug":"boeing-stock-drops-737-deliveries-at-risk-after-issue-at-spirit-aerosystems","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=52403","title":{"rendered":"Boeing Stock Drops. 737 Deliveries at Risk After Issue at Spirit AeroSystems."},"content":{"rendered":"
\n
<\/p>\n

<\/p>\n

<\/p>\n<\/figure><\/div>\n

\n Boeing
\n stock dropped on Thursday amid worries over a quality issue linked to supplier
\n Spirit AeroSystems
\n that impacts some 737 models. While it\u2019s not an immediate safety problem, aircraft deliveries from the manufacturer are at risk.<\/p>\n

\n Boeing
\n (ticker: BA) said in a statement that it identified fastener holes that didn\u2019t conform to its specifications in the aft pressure bulkhead on certain 737 airplanes. The airplane maker said it was not an immediate flight safety issue and that 737s can continue to operate safely. But delivery targets look vulnerable.<\/p>\n

\n

\u201cThis issue will impact near-term 737 deliveries as we conduct inspections to determine the number of airplanes affected, and complete required rework on those airplanes,\u201d
\n Boeing
\n said. \u201cWe continue to deliver 737s that are not affected.\u201d<\/p>\n

Shares in Boeing (ticker: BA) retreated 2% in premarket trading with
\n Spirit
\n Aerosystems (SPR) stock down 6%, though the supplier\u2014which acknowledged the problem in a statement\u2014described a more upbeat outlook for their own deliveries to Boeing. \u201cBased upon what we know now, we believe there will not be a material impact to our delivery range for the year related to this issue,\u201d Spirit said in a statement.<\/p>\n

Write to Jack Denton at jack.denton@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Boeing stock dropped on Thursday amid worries over a quality issue linked to supplier Spirit AeroSystems that impacts some 737 models. While it\u2019s not an immediate safety problem, aircraft deliveries from the manufacturer are at risk. Boeing (ticker: BA) said in a statement that it identified fastener holes that didn\u2019t conform to its specifications in […]<\/p>\n","protected":false},"author":1,"featured_media":52404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-52403","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nBoeing Stock Drops. 737 Deliveries at Risk After Issue at Spirit AeroSystems. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Boeing stock dropped on Thursday amid worries over a quality issue linked to supplier Spirit AeroSystems that impacts some 737 models. 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