Boeing is facing an investigation of FAA production problems 787 Dreamliner

News

Boeing is facing an investigation of FAA production problems 787 Dreamliner

10.09.2020 News

Stocks Boeing, which fell by 47.5% since the beginning of the year fell by 1.6% before the opening of trading on Tuesday amid news of a new FAA investigation.

The US airline is going through the most difficult period in its history, continuing to expect recertification of the most profitable passenger`s aircraft Boeing 737 Max, grounded around the world, since March 2019 after two fatal plane crashes and is experiencing the strongest crisis in the aviation industry due to the COVID-19 pandemic and a sharp reduction in the number of passengers.

On Monday, The Wall Street Journal, with reference to FAA documents, Boeing and confidential sources reported that the US Federal Aviation Administration is considering the shortcomings of quality control by Boeing in its production process of wide-body passenger`s aircraft Boeing 787 Dreamliner.

According to FAA documents, the company Boeing informed regulators that had some details of the 787 Dreamliner, which did not meet its own standards of design and production.

In August, Boeing determined that eight of the 787 Dreamliners affected by the problem, must be inspected and repaired before returned to the operation.

“We immediately contacted the airlines operating the eight affected aircraft (including United Airlines Holdings Inc) to report the situation, and these aircrafts were temporarily shut down until the repairing, ” – said in a statement by the American aviation giant on Monday.

“The rest of the fleet of operated aircraft must meet the maximum allowable load, and we inspect the serial aircraft to make sure that any problems are solved before the delivery “- said Boeing.

In the interview with AFP reporters, FAA representatives said: “It is too early to speculate on the nature or scope of any proposed Airworthiness Directives that may arise as a result of the Agency’s investigation.”

At the same time, the media wrote that the FAA inspection may affect not only the eight affected aircrafts, – intensified inspections may affect approximately 900 from about 1,000 Dreamliners delivered since 2011.

Therefore, 787 Dreamliner can be added to the grounded 737 Max, which will be another financial blow for Boeing, which already has to compensate to airlines for the decommissioning of the 737 Max, as well as to resist to the competitive pressure of European Airbus.

Other articles

  • Boeing received the first order for the 737 Max after lifting the ban on flights to the United States
    News

    Boeing received the first order for the 737 Max after lifting the ban on flights to the United States

    Ryanair has made a multibillion-dollar order for a Boeing 737 Max, reports the Financial Times, citing the head of the carrier Michael O’Leary. This is the first agreement with the plane after the investigation of two plane crashes involving it, which in 2018 claimed more than 300 lives. Vertical Research Partners aerospace analyst Rob Stallard […]

  • Lufthansa has announced large-scale job-cuts
    News

    Lufthansa has announced large-scale job-cuts

    By the end of this year, the German airline Lufthansa intends to reduce its foreign staff by 20 thousand people, as well as sell its LSG division, which deals with on-board catering, which employs 7.5 thousand people. Lufthansa subsidiaries Eurowings, Swiss, Austrian and Brussels Airlines are reducing the frequency of flights, fleets and staff amid […]

  • AirBaltic will resume flights to Ukraine
    News

    AirBaltic will resume flights to Ukraine

    Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]

  • Boeing shares rose by 6.7% after 737 MAX flight permission
    News

    Boeing shares rose by 6.7% after 737 MAX flight permission

    Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]

  • Shares of Moderna rose by almost 20% after news of the vaccine
    News

    Shares of Moderna rose by almost 20% after news of the vaccine

    The vaccine, developed by biotechnology company Moderna, is effective in 94.5% of cases. This result was shown by the intermediate results of the third phase of clinical trials, the company said. On this news, Moderna shares went up. In the pre-market, the company’s quoting rose by more than 18%, rising above $ 105 per share. […]

  • Lufthansa suffered a quarterly loss of almost 2 billion euros
    News

    Lufthansa suffered a quarterly loss of almost 2 billion euros

    Deutsche Lufthansa reported that it suffered a loss of 1.97 billion euros in the third quarter of 2020 against a net profit of 1.15 billion euros a year earlier. The carrier’s revenue fell by 74% to 2.66 billion euros from 10.11 billion euros a year earlier. Adjusted loss before tax and interest payments (EBIT) was […]

  • Airbus will lay off 15,000 employees due to the quarantine
    News

    Airbus will lay off 15,000 employees due to the quarantine

    European airline Airbus will lay off 15,000 employees worldwide due to the restoration of the quarantine restrictions on the flights. This was stated by the Airbus Chief Operating Officer Michael Schollhorn. Prospects for the aviation industry deteriorated again due to the growing number of the coronavirus infections, he said. According to Schollhorn, the situation in […]

  • Hundreds of thousands of airline workers could lose their jobs
    News

    Hundreds of thousands of airline workers could lose their jobs

    Hundreds of thousands of workers could lose their jobs in the aviation sector if states do not provide the additional assistance. “In the absence of additional government measures to provide assistance and open borders, hundreds of thousands of airline jobs will disappear, ” – said the executive director of the International Air Transport Association (IATA) […]

Read also

Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Ukraine repaid the loan to Deutsche Bank ahead of schedule

Ukraine has repaid a $ 350 million loan to Deutsche Bank AG London ahead of schedule this week, Interfax-Ukraine reports citing a source. Including interest, the payment was about $ 354 million. Ukraine took this loan in December last year for up to six months at a rate of up to three-month LIBOR + 5.75%, […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Musk told when the first European Tesla will appear

The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

The NBU has assessed the resilience of the hryvnia to the new lockdown

The fall of the hryvnia will not happen again in the event of a full lockdown, as in March, assured the director of the open markets department of the National Bank Oleksiy Lupin. “We do not expect a repeat of the March events in the foreign exchange market, because in March it was something new, […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

January 1 it was launched the declaration campaign 2017

Citizens of Ukraine have begun to declare their income since the onset of the new year. Declaration procedure means that citizens declare their cash flows for the past 2016. Every taxpayer has the right to personally file a declaration at the place of tax addresses, or else to transfer its powers to another individual for […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Ukrgazvydobuvannya reduced profits by almost four times

In 2020, the state gas company Ukrgazvydobuvannya reduced its net profit by 3.8 times, or 14.1 billion hryvnias to 4.95 billion hryvnias compared to 2019, according to the company’s website. “Although last year due to the situation on the gas market, economic crisis and pandemic, our capital investments decreased almost one and a half times […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Facebook blocked the Ukrainian community retailer LeBoutique for the use of another’s trademark

A few days ago the official Facebook-community of one of the Ukraine’s largest shopping clubs LeBoutique was unavailable. The community is quite popular; about 35 000 users signed for the page. As reported in AIN.UA shopping club, the community was blocked by administration of the social network for the use of someone else’s trademark. The […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

“Agroprosperis” invested about $ 50 million in the elevator business

During the past 5 years was invested about $ 10 million per year in the construction and modernization of the elevators of “Agroprosperis”. This was told by the CEO of the NCH Agribusiness Investment Fund – “Agroprosperis” Group of companies, Igor Osmachko in an interview to the Liga.Business. “For the moment, the structure of the […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

The renewed Shell Café brand welcomes customers in Ukraine and the countries of Central and Eastern Europe

                                                                   COMBINE ROAD AND COMFORT Shell is launching a new coffee brand Shell Café all over Central and Eastern Europe (CEE) (to replace […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Coca-Cola cannot produce kvass in Ukraine during the next two years

The Antimonopoly Committee of Ukraine ordered the Irish “daughter” of Coca-Cola to refrain from the competing with the “Kvass Beverages” company, which it  sold to the Nova Intertrade Ltd company (Belize) for two years. “The European Refreshments company undertakes not to exercise, not to have a stake, and not to contribute to competitive activity in […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Global tax on the activities of digital corporations

One hundred thirty countries have joined the large-scale reform, which includes a global tax on digital corporations and will reduce the opportunities for international companies to evade taxation. Taxing large corporations with a 15 percent tax can bring states $ 150 billion annually. The most important tax agreement in a century One hundred thirty countries, […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

China has launched the world’s first 6G satellite into orbit

According to the BBC, China has launched the world’s first 6G test satellite into space. It should demonstrate how well the experimental technology of the sixth generation network works. The satellite successfully entered orbit along with 12 other spacecraft after launching a rocket from the Taiyuan Cosmodrome in Shanxi Province. It is known that the […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Insurance Group TAS, which was owned Tihipko sold to a Cyprus company

The National Committee of state regulation of the financial services allowed the Cypriot company Bailican Ltd. establish control over the Insurance Company “TAS” and Insurance Group “TAS”. The National Committee of state regulation of the financial services, July 12, according to the order number 1667, allowed to a Cypriot company Bailican Ltd. indirectly acquire 99.9559% […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Ukraine is modernizing the largest underground storage facilities in Europe

The gas storage operator of Ukraine is starting to re-equip five gas turbine engines for Bilche-Volytsko-Uhersky UGS. The project worth more than 80 million hryvnias will be completed by the end of this year, Ukrtransgaz reported on Monday, May 17. It is noted that the modernization will reduce fuel gas consumption during the operation of […]

Next
bez imeni
Analytics

Walnut Garden – a Long-term Investment

Gardening is a purely European business by mentality as it means long-term investments and a completely transparent process. Walnut is a financial pearl of this industry. A walnut garden of only 1 hectare yields more than 1.2 million UAH per year. A walnut garden is an investment in the future and long-term well-being, as one […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Saudi Arabia will invest $ 10.5 billion in the Ukrainian agricultural sector

Businessmen from Saudi Arabia are planning to invest $ 10.5 billion in the agricultural sector of Ukraine. This writes the “Novoe Vremya”, with reference to the Saudi newspaper Al-Watan. According to the report, a statement was made after the talks of the Ukrainian Ambassador in Saudi Arabia Vadim Vakhrushev with 25 Saudi businessmen. The meeting […]

Next
Boeing is facing an investigation of FAA production problems 787 Dreamliner
News

Lamborghini has reproduced the first copy of Countach

Automaker Lamborghini has recreated the very first copy of the famous Countach supercar, built in 1971. The project is dedicated to the 50th anniversary of Countach. This was reported by the press service of Lamborghini. “The Lamborghini Countach LP500 debuted at the Geneva Motor Show in March 1971 and marked a new era not only […]

Next