Following a less than positive week for Boeing shareholders, we suspect things are about to get worse as The Seattle Times reports that, according to two sources familiar with the matter, federal prosecutors have expanded their probe beyond just 737 Max planes.
Federal prosecutors have reportedly subpoenaed records from Boeing relating to the production of the 787 Dreamliner in South Carolina, where there have been allegations of shoddy work.
The Seattle Times notes that the 787 subpoena significantly widens the scope of the DOJ’s scrutiny of safety issues at Boeing.
The new probe follows reports that pilots warned regulators about a problem on Boeings Dreamliners.
A critical fire-fighting system on Boeing’s £160million Dreamliner fleet was found to have the possibility of malfunctioning.
Boeing issued an alert, warning that the switch used to extinguish an engine fire and sever fuel supply and hydraulic fluid to stop flames from spreading on its B787 aircraft failed in a ‘small number’ of cases.
The Federal Aviation Administration (FAA) announced that the problem was ‘likely to exist or develop in other products of the same design’, warning that ‘the potential exists for an airline fire to be uncontrollable’.
FAA, however, decided not to ground the Dreamliner but ordered airlines like British Airways or TUI to check the switch every 30 days.
Additionally, a handful of subpoenas were issued in early June to individual employees at Boeing’s 737 Dreamliner production plant in North Charleston, South Carolina, the newspaper reports, citing a third source.
A Boeing spokesman said, “We don’t comment on legal matters.”
Boeing, Boeing, Gone?
via ZeroHedge News https://ift.tt/2NkWX7G Tyler Durden