One of the world’s leading aviation analysts believes the market’s negative reaction to the news of nonconforming parts on the Boeing 737 MAX is unwarranted and that production should be back to normal in June.
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Boeing stock lost more than US$7bn in market cap Friday after the disclosure that Spirit had installed nonconforming fittings on the aft section of the 737 MAX fuselage, connecting the vertical fin, since 2019.
Bernstein said: “Although we still read more ⇒
Source:: AirlineRatings.Com