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bullish pattern emerging on indus infra trust (544137) ✌️【Risk Avoidance】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Boeing said it has discovered a manufacturing issue with some737 Max aircraft, although it insisted the problem is not “an immediate safety of flight issue.”

bullish pattern emerging on indus infra trust (544137) ✌️【Risk Avoidance】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. A supplier used a “non-standard manufacturing process” during the installation of two fittings in the rear fuselage, Boeing said in a statement to 【 - Free Daily Stock Market Updates 】.

bullish pattern emerging on indus infra trust (544137) ✌️【Risk Avoidance】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The company said Max jets can continue flying while inspections are underway and the Federal Aviation Administration said it “validated” that conclusion. It already subjects new 737 Max aircraft to greater scrutiny than it does other newly manufactured planes prior to delivery following two fatal 737 Max crashes.

Boeing declined to say how many 737 Max planes are affected, beyond calling it a “significant number.” Shares are down nearly 6% in premarket trading.

United Airlines said it doesn’t expect “any significant impact on our capacity plans for this summer or the rest of the year.” Southwest Airlines(LUV)said it would work with Boeing on “any needed inspections or part replacements.”

Boeing(BA)has reported only two profitable quarters in the nearly four years since the grounding of the 737 Max. After two fatal crashes that killed 346 people, the jet was grounded for 20 months starting in March 2019. Then a year later, the pandemic brought demand for flying and new aircraft to a near halt — sparking the cancellation of hundreds of jet orders and the pileup of losses for Boeing(BA).

Boeing’s problems in the fourth quarter are tied to its difficult few years since the737 Max crisis.

For one, the company was saddled with excess inventory of hundreds of the jets. Usually Boeing doesn’t hold onto inventory, as planes are delivered to customers soon after completion.

But even though the 737 Max jets couldn’t be delivered during the grounding, Boeing kept building them — partly to keep its suppliers in business. Then it was forced to find new buyers for some of those planes due to customers canceling orders during the pandemic.

bullish pattern emerging on indus infra trust (544137) ✌️【Risk Avoidance】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Daily Stock Market Updates 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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