(Finance) – Today, March 12, 2024, it was a day to forget for Boeingwhich was catapulted into the international media after what was reported by New York Timeswho came into possession of the document FAA-initiated investigation into 737 Max manufacturing process after the door of one of the company’s Max-9 models exploded in flight Alaska Airlines, which occurred on January 5th. In the six weeks of investigation following the accident, the commission would ascertained that 33 checks out of a total of 89 they do not meet the standards.
As for the main fuselage supplier, Spirit AeroSystemsthe investigations conducted in the Wichita office in Kansas, revealed compliance in only 6 of the 13 audits. The FAA conceded to Boeing 90 days to “develop a plan for improvements in quality control”.
Add to this the news of death, presumably by suicide, of John Barnetta former employee of the American manufacturer, employed in the plant North Charleston, one of the two where the 787 Dreamliner is produced. Barnett had been called to testify in recent days, as reported by the BBC, regarding production problems of the aircraft that he himself had raised with statements made in 2019 to the New York Times.
The stock collapsed today on the NYSE market and maintained a loss of 4.55% at mid-session.