U.S. NTSB Releases Documents From Investigation Into January Boeing 737 MAX 9 Accident; FAA Safety Inspector Cites Systemic Issue Of Employees Not Following Instructions; Boeing Exec Lund Says 737 MAX Production Fell To 8 Planes Per Month After Alaska Incident, Producing "In The Low 20s" In June
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The U.S. National Transportation Safety Board (NTSB) has released documents from its investigation into a January accident involving a Boeing 737 MAX 9. A Federal Aviation Administration (FAA) safety inspector highlighted a systemic issue of employees not following instructions. Boeing executive Lund noted that 737 MAX production fell to 8 planes per month after the incident but increased to 'in the low 20s' by June.
August 06, 2024 | 1:32 pm
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The NTSB has released documents on a January accident involving a Boeing 737 MAX 9. An FAA inspector cited systemic issues with employees not following instructions. Boeing's 737 MAX production dropped to 8 planes per month after the incident but has since increased to 'in the low 20s' by June.
The release of NTSB documents and the FAA inspector's comments on systemic issues could negatively impact investor sentiment. However, the increase in production rates by June may mitigate some concerns.
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