Boeing's 737 Max and 777X Airliners Continue to Face Major Hurdles
Boeing (NYSE: BA) has been dealing with the fallout from two major accidents involving its 737 Max jetliners. While the company has stated that it hopes to see its new-model 737s return to service in the fourth quarter of 2019, new demands from European regulators are threatening to derail the already-tentative plans of the blue-chip aerospace giant.
Things took a turn for the worse recently when the 777X failed a structural test as its cargo door blew out. And Boeing suffered another setback earlier this week after its 777X jetliner was found to have a durability issue regarding the compressor of its new GE9X engine, something that will require a full redesign. While the news won't necessarily mean a production delay, it does undermine investor confidence in the company even further.
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Source Fool.com