Boeing stock falls on news of 787 Dreamliner defect, delivery delays
Shares of Boeing Co. dropped 2% in midday trading Tuesday after the aerospace and defense company said it found new problems with its 787 Dreamliner jets.
The defect, which is not a flight safety concern, is connected with a stabilizer fitting, and will lead the company to inspect planes in inventory before delivery, Boeing BA, -0.68% said. The inspections and required rework will affect timing of near-term 787 deliveries, but “at this time we do not expect that this issue will change our full-year guidance regarding 787 deliveries,” the company said.Boeing in April identified problem with another jet family, the 737 Max, related to fittings.
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