Boeing Co (NYSE:BA) shares are trading lower Monday after the company reportedly discovered new quality defects in its 737 Max airplanes.
What To Know: Boeing plans to do more work on about 50 of its 737 Max planes before they are delivered after supplier Spirit AeroSystems Holdings (NYSE:SPR) found a couple of mis-drilled holes in fuselages, per Reuters.
Although the findings could delay some near-term deliveries, they are not expected to cause any further groundings. Boeing reportedly confirmed the developments to Reuters. Boeing Commercial Airplanes CEO Stan Deal also wrote a letter to employees.
“This past Thursday, a supplier notified us of ...