financetom
Business
financetom
/
Business
/
Market Chatter: Boeing Fuel Switch Locks Deemed Safe After India Crash
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Boeing Fuel Switch Locks Deemed Safe After India Crash
Jul 14, 2025 1:54 AM

04:44 AM EDT, 07/14/2025 (MT Newswires) -- Boeing ( BA ) and the US Federal Aviation Administration have privately stated that the locking fuel switches on Boeing ( BA ) aircraft, including the 787, do not pose a safety risk, Reuters reported Sunday, citing internal documents and sources familiar with the matter.

The FAA reportedly said in a July 11 notification that no airworthiness directive is required following Air India's deadly 787-8 crash, despite similarities in switch design across Boeing ( BA ) models.

Boeing ( BA ) echoed the FAA's stance in a recent notice to airlines, with no recommendations for changes, Reuters quoted two sources as saying.

Air India's maintenance records show the throttle control module was replaced in 2019 and 2023, and the aircraft was compliant with all relevant safety directives, Reuters reported.

The airline had not conducted a specific FAA-suggested inspection since 2018, which it noted was not mandatory, the news outlet added.

The Boeing ( BA ) and the FAA did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Adicet Bio Says Allogeneic Cell Therapy Showed Complete CD19+ B Cell Depletion in Phase 1 Trial
Adicet Bio Says Allogeneic Cell Therapy Showed Complete CD19+ B Cell Depletion in Phase 1 Trial
Sep 22, 2024
08:16 AM EDT, 09/19/2024 (MT Newswires) -- Adicet Bio ( ACET ) said Thursday its allogeneic cell therapy, ADI-001, demonstrated complete CD19+ B cell depletion in secondary lymphoid tissue during the phase 1 GLEAN trial. The data also showed notable chimeric antigen receptor, or CAR, T cell activation and high levels of ADI-001 in tissues, reinforcing its potential as a...
KKR Agrees to Breakup Deal for German Media Giant Axel Springer
KKR Agrees to Breakup Deal for German Media Giant Axel Springer
Sep 22, 2024
08:19 AM EDT, 09/19/2024 (MT Newswires) -- KKR (KKR) and German billionaire Mathias Dopfner have agreed to split Axel Springer into two, the German media company said Thursday. Under the new corporate structure, Axel Springer's media assets - including BILD, Business Insider, POLITICO, and WELT - will remain privately owned by Friede Springer and Dopfner, who will jointly hold close...
US decision on Nippon's bid for US Steel pushed back until after election
US decision on Nippon's bid for US Steel pushed back until after election
Sep 22, 2024
(Reuters) - A national security committee reviewing Nippon Steel's bid for U.S. Steel granted a request by the companies to refile their bid for approval of the deal, a person familiar with the matter said on Tuesday, giving the Biden administration until after the U.S. presidential election to make a decision about whether to block the deal. CFIUS, the Committee...
Signing Day Sports And Swifty Global Join Forces In All-Equity Deal - What's On The Cards?
Signing Day Sports And Swifty Global Join Forces In All-Equity Deal - What's On The Cards?
Sep 22, 2024
Signing Day Sports ( SGN ), Inc. shares are trading higher after the company inked a binding term sheet to acquire 95-99% of Dear Cashmere Group Holding Company ( DRCR ) , also known as Swifty Global, in an all-equity deal. As per the deal, Signing Day Sports ( SGN ) will issue its securities to Swifty’s controlling stockholders. Signing Day...
Copyright 2023-2026 - www.financetom.com All Rights Reserved