KEY TAKEAWAYS
- Boeing has found cracks in the structure of its 777X jetliner in initial test flights, another mishap for the carrier this year.
- The company is grounding its 777X test fleet after an inspection showed the failure of a key engine mounting structure.
- Boeing shares are down more than 30% this year as the airplane maker grapples with a series of setbacks since a door plug detached during an Alaska Airlines flight in January.
Boeing (BA) has found cracks in the structure of its 777X jetliner in in🦂itial test flights, another mishap for the carrier this year.
The plane maker said it is grounding its 777X te💖st fleet after an inspection showed the failure of a key engine mounting structure.
"During scheduled maintenance, we identified a component that did not perform as designed," a Boeing spokesperson said in a statement provided to Investopedia. "Our team is replacing the part and capturing any learnings from the component and will resume flight testing when ready."
Boeing Shares Down 30% This Year
The news of the cracks in the jet was first reported by trade publication The Air Current.
Boeing shares, which are falling 1.5% in premarket trading, are down more than 30% this year as the airplane maker grapples with a series of setbacks since a door plug detached during an Alaska Airlines (ALK) flight in January, leading the Federal Aviation Administration (FAA) to ground 澳洲幸运5官方开奖结果体彩网:expansion plans for its best-selling 737 MAX.