Boeing Repercussions From Alaska Airlines Incident Seen as Contained

Plane maker Boeing’s financial repercussions following an incident involving one of its jets on an Alaska Airlines flight are likely to be relatively contained based on available evidence, say Scott Deuschle and Megan Makini, analysts at Deutsche Bank, in a research note. “Further delays to the MAX-7 certification appears to be the highest probability negative repercussion at this point, though the transparency of this risk had already been rising,” the analysts say, based on information available through 11:45 p.m on Sunday. The FAA ordered a temporary grounding and immediate inspections of dozens of Boeing 737 MAX jets after one of the planes made an emergency landing when a section of the aircraft ripped away in midair. Boeing falls 6.5% to $232.78.

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