Boeing shares fall after new uncertainty about the 737 Max return

[brooklynite]

Source: Reuters

(Reuters) - Shares of Boeing Co (BA.N) fell 3% on Thursday after the U.S. aviation regulator found a new flaw in the 737 MAX jet, potentially delaying the aircraft’s return to service and piling more pressure on the planemaker’s suppliers.

...snip...

The U.S. Federal Aviation Administration did not elaborate on the latest setback, but sources familiar with the matter told Reuters that the flaw was discovered during a simulator test last week.

It was not yet clear if the issue could be addressed with a software upgrade or would require a more complex hardware fix.

“While we expect BA to eventually reinstate the MAX and return to targeted, normalized cash flows, we think the timeframe is unknowable,” Credit Suisse analyst Robert Spingarn said.

Read more: https://www.reuters.com/article/us-boeing-stocks/boeing-shares-slip-as-grounded-737-max-faces-new-hurdle-idUSKCN1TS298

[crazytown]

1. "the flaw was discovered during a simulator test"

the very thing Boeing insists is unnecessary for pilot's training.

[Wellstone ruled]

2. Wow,interesting developement.

If there is a glitch in the Simulator Operating Program,which is a mirror of the MAX System. What other faults are buried inside the Avionics Program.