FAA Report Reveals Missing Bolts in Boeing 737 MAX Incident
From Quiver Quantitative:
The Federal Aviation Administration released a preliminary report on a Boeing 737 MAX 9 jet that lost a door plug mid-flight, revealing a potential lapse in the assembly process. This has resulted in the grounding of 171 Boeing 737 MAX 9 planes in the U.S., causing a safety crisis and reputational damage for the company. Boeing’s CEO has accepted responsibility and promised stricter controls, but questions still remain about assembly processes at Boeing and its supplier, Spirit AeroSystems. With increased scrutiny from regulators and lawmakers, the industry is focused on addressing safety concerns and regaining trust. Meanwhile, Boeing’s stock has experienced a significant decline.
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