Boeing Halts Tests of 777X Plane Due To Technical Issues

Boeing stock loses $5,000,000,000 in value today... Boeing lost over $125,000,000,000 in value the past year due to technical issues.

Boeing halts tests of 777X plane due to engine mount issue

Seana Smith and Madison Mills

Tue, Aug 20, 2024, 11:53 AM GMT-3

Shares of Boeing (BA) are under pressure on Tuesday after the company suspended flight tests of its 777X aircraft. This decision was made due to structural damage observed between the engine and the wings of the aircraft.

Catalysts co-hosts Seana Smith and Madison Mills breaks down the details, providing insights into how this issue could push back the delivery date of these planes.

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This post was written by Angel Smith

watch video at: https://finance.yahoo.com/video/boeing-halts-tests-777x-plane-145349385.html