Reported Late Monday August 19, 2024, 'Boeing Finds Cracks In Structure Of 777X Test Jets; Plane Maker Started Testing New Model In July With Plans To Begin Deliveries In 2025' - WSJ
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Boeing discovered structural cracks in its 777X test jets, leading to a 5% drop in its stock price. The company has grounded its test fleet to address the issue, impacting its delivery timeline.
August 20, 2024 | 6:36 pm
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Boeing's stock fell 5% after discovering structural cracks in its 777X test jets. The company has grounded its test fleet to address the issue, potentially delaying deliveries.
The discovery of structural cracks in Boeing's 777X test jets is a significant setback, leading to a 5% drop in stock price. Grounding the test fleet indicates potential delays in the delivery schedule, negatively impacting investor sentiment.
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