News Boeing shares fall as the company faces serious questions Published 2 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 Shows4 days ago Arts and culture’s vital role in city life News4 days ago Australia doubles penalties for tech firms’ non-compliance Shows4 days ago Property investment opportunities in Australia despite disruptions News2 days ago Could US-Iran talks impact global energy markets? News1 day ago Russian couple’s marriage proposal atop Empire State News1 day ago Trump downplays $1.2bn crypto earnings questions