Boeing share price slips with reports of “incorrect manufacture” of 787 parts

0

Aviation leader Boeing was told today that parts of the 787 Dreamliner were poorly manufactured, causing the share price to fall 1.5% in the early hours of market opening on Thursday.

It appears that Boeing’s plans for the 787 Dreamliner did not go as planned. The allegation of poor manufacturing is the latest hurdle in a wave of problems to hit the new airliner, throwing a wrench in work for Boeing’s latest trading venture.

The specifics of the parts have not been identified by the supplier, but there are rumors circulating that some parts are “weaker” than they should be.

A Boeing spokeswoman assured the public that this issue poses no direct security threat:

“While our investigation is ongoing, we have determined that this does not present an immediate flight safety issue for the active duty fleet.”

Plagued by problems, the new range of 787s manufactured in the past three years will await review by the United States Federal Aviation Administration, the latest structural flaw to dampen normal production levels – and expected to restart late manufacturing. October at the earliest.

Boeing’s stock price is currently trading around the $ 218.70 mark, showing a slight decline of 1.4% in the early hours of Thursday’s market.

Should you invest in Boeing stocks?

One of the most frequently asked questions we receive is, “Which stocks are best to buy right now?” That’s a big question, but one we’ve answered … Our AskTraders stock analysts regularly review the market and compile a list of companies you should add to your portfolio, including short and long positions. Here are the best stocks to buy right now

CFDs are complex instruments and come with a high risk of losing money quickly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you understand how CFDs work and if you can afford to take the high risk of losing your money.


Source link

Leave A Reply

Your email address will not be published.