Reported 2 months ago
Boeing has uncovered electrical issues affecting its 737 aircraft, which will delay deliveries further. The company identified a nonconforming component on three delivered planes causing them to be grounded, while production at its Renton factory continues. These issues come on top of previous troubles and production delays, leading to a significant operating loss of $1.4 billion in Q2. Despite this, most analysts maintain a positive outlook on Boeing stock.
Source: YAHOO