News Boeing shares fall as the company faces serious questions Published 3 years ago on January 11, 2024 By ticker NEWS Investigation into why a panel blew off a Boeing Max 9 jet focuses on missing bolts. As Alaska Airlines and United Airlines move to cancel hundreds of flights after one of Alaska Airlines’ Boeing 737 Max 9 aircraft suffered a mid-air incident when a door plug blew out—scrutiny of Boeing is underway. Adding to Boeing’s current problem, the two U.S. carriers that fly the Max 9— Alaska Airlines and United Airlines —reported finding loose bolts along with additional hardware in other panels. Some aviation experts believe this might suggest that quality issues with the door plugs are not limited to only one plane, which would give way to a massive problem. Boeing, is considered a leading global aerospace company. It says that it develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As the investigation into why a panel blew off the Boeing Max 9 jet focuses on missing bolts—new documents have come to light. According to published reports, news of Boeing’s corporate filings with the U.S. Securities and Exchange Commission reveal that in early 2022, the yearly bonus plan to reward the CEO and its executives for boosting profits for shareholders and prioritizing safety had been changed to reward them if they hit diversity, equity, and inclusion targets. Related Topics:aerospaceaviationboeingBoeingMax9flightscanceled Trending Now Tech4 days ago Nvidia partners to raise $500 billion for AI News3 days ago Leavitt to leave press secretary role end of month News3 days ago RBA risks 60,000 more unemployed as rate fears grow News3 days ago Total solar eclipse mesmerises millions in Spain News3 days ago High interest rates are crushing Australia’s economy Tech4 days ago ‘AI going rogue and doing its own thing’: security concerns rise