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 >
Eaton Poised for Multiyear Growth on Big Backlog, Longer Lead Times, UBS Says
Eaton Poised for Multiyear Growth on Big Backlog, Longer Lead Times, UBS Says
Nov 13, 2024
12:58 PM EST, 11/13/2024 (MT Newswires) -- Eaton (ETN) can sustain high single-digit revenue growth in the coming years due to data center growth, electrification and manufacturing capacity reshoring, UBS Securities said in a note emailed Wednesday. The firm projects that the company's earnings per share can hit $17 in 2028 with upside to $19, supported by robust backlog growth...
Spotify Technology Unusual Options Activity
Spotify Technology Unusual Options Activity
Nov 13, 2024
Deep-pocketed investors have adopted a bullish approach towards Spotify Technology ( SPOT ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SPOT usually suggests something big is about to happen. We gleaned this information...
--Medtronic Sued by Hexagon Health for Alleged Patent Infringement
--Medtronic Sued by Hexagon Health for Alleged Patent Infringement
Nov 13, 2024
01:00 PM EST, 11/13/2024 (MT Newswires) -- Price: 87.98, Change: -0.32, Percent Change: -0.36 ...
Skyworks Solutions Faces Headwinds: Analysts Slash Price Forecasts Amid Weak Guidance And Inventory Challenges
Skyworks Solutions Faces Headwinds: Analysts Slash Price Forecasts Amid Weak Guidance And Inventory Challenges
Nov 13, 2024
Skyworks Solutions Inc ( SWKS ) shares are trading lower on Wednesday after the company reported fourth-quarter results and several analysts cut the price target. Yesterday, the company reported adjusted EPS of $1.55, which beat the analyst consensus estimate of $1.52, and sales of $1.025 million, which aligned with the consensus estimate.  Skyworks Solutions ( SWKS ) projects first-quarter of 2025 revenue to be $1.05 billion – $1.08 billion ($1.096 billion estimate) with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved