© Reuters. FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo   BA -2.44% Add to/Remove from Watchlist Add to Watchlist Add Position

Position added successfully to:


 
+ Add another position Close

(Reuters) -Boeing and Spirit AeroSystems (NYSE:SPR) have expanded the scope of their ongoing inspections of a production defect affecting 737 Max 8 aircraft, Boeing (NYSE:BA) said on Thursday.


The planemaker in August identified a new quality problem with its popular 737 MAX aircraft involving supplier Spirit that resulted in improperly drilled holes on the aft pressure bulkhead made using an automated drill. Boeing has expanded inspections to include hand-drilled holes, according to trade publication The Air Current, which first reported the problem.


"We continue to take the time necessary to ensure each airplane meets our standards and regulatory requirements prior to ticketing and delivery," Boeing said in a statement.


The company declined to comment further on the scope of the latest issue or whether it will be able to meet its 737 delivery target of at least 400 jets in 2023, citing the quiet period before it announces its earnings on Oct. 25.


Boeing notified the Federal Aviation Administration of its initial findings earlier this week, along with customers already facing delivery delays of 737 Max 8s, according to The Air Current.


The FAA told Reuters it is "aware of the issue and are working it through our regular oversight process. There is no immediate safety concern."


Spirit said it continues working closely with Boeing to address rework related to the aft pressure bulkhead.


Boeing shares were down 1.8% in after-hours trading.


Deliveries of Boeing's best-selling 737 MAX fell in September to the lowest level since August 2021 as it continues struggling with work needed to correct the manufacturing defect.



In September, Boeing Chief Financial Officer Brian West said the company was still on track to meet the "low end" of its 400-450 jet target for annual 737 deliveries, despite the aft pressure bulkhead issue.


However, about 165 MAXs on Boeing's production line would need time-consuming x-ray inspections before being handed off to customers, he said.


Boeing, Spirit expand inspections for 737 MAX production defect  

Analysis-Russia basks in the oil price comfort zone ahead of OPEC+

© Reuters. FILE PHOTO: A view shows a pressure gauge near oil pump jacks outside Almetyevsk in the R

UBS dragged into the red by Credit Suisse takeover but inflows cheer

© Reuters. FILE PHOTO: People walk past the headquarters of Swiss bank UBS in Zurich April 30, 2013.

Banking chiefs say market vulnerable to 'geopolitical escalation', regulatory push

© Reuters. FILE PHOTO: UBS Chairman Colm Kelleher speaks during the Annual General Meeting, two week

China factory activity unexpectedly shrinks in Oct, dents recovery momentum

© Reuters. A worker wearing a face mask works on a production line manufacturing bicycle steel rim a

What is Earnings Per Share (EPS)

What is Earnings Per Share (EPS)

Auto Insurance Rates 2022

Auto Insurance Rates 2022

Asset Definition

Assets are anything monetary in value that you own, such as equities, bonds, cash, stocks, or real estate. Read on to learn how assets work, their types, and why monitoring them is important for individuals as well as organizations.

What is Auto Insurance?

When you have auto insurance, you are protected from monetary losses in the event of an accident or other vehicle damage. It's crucial to browse around for the best auto insurance costs to discover the finest coverage for your car at the lowest cost.

Oil prices jump 2% on supply worries after large U.S. stock drawdown

© Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing

​NetScout Systems stock plunges 19% after warning for Q2 & cutting full year guidance

© Reuters. ​NetScout Systems stock plunges 19% after warning for Q2 & cutting full year gui

Wall Street ends up on earnings optimism; eyes remain on Middle East

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York C

California AG says he may sue to stop Kroger from buying Albertsons

2/2© Reuters. FILE PHOTO: The Kroger supermarket chain's headquarters is shown in Cincinnati, Ohio