Boeing 737 MAX 9 Grounding 2025: Shares Drop 8.8% Amid FAA Safety Inspection
In 2025, Boeing's stock plunged after the FAA grounded the 737 MAX 9 fleet for urgent safety inspections following a mid-flight incident, highlighting ongoing manufacturing challenges.
Key Highlights
- Boeing's stock price fell sharply after the FAA ordered immediate inspections on the 737 MAX 9 fleet due to safety concerns.
- The emergency grounding followed a mid-air incident involving an Alaska Airlines Boeing 737 MAX 9 that lost a panel during flight.
- This event adds to Boeing's recent manufacturing issues impacting the 737 MAX series.
On Monday morning, Boeing (BA) shares dropped over 8.8% to $227.19 following the Federal Aviation Administration's (FAA) directive to temporarily ground certain Boeing 737 MAX 9 aircraft for thorough inspections. This action was prompted by a Friday incident in which an Alaska Airlines (ALK) 737 MAX 9 lost a panel mid-flight, necessitating an emergency landing.
The FAA's investigation affects approximately 171 Boeing 737 MAX 9 planes operating within the U.S. or by U.S.-based airlines abroad. The inspections, mandated by an Emergency Airworthiness Directive, aim to verify door safety and are expected to take between four to eight hours per aircraft.
Boeing has publicly supported the FAA's decision, stating, "We fully agree with and support the FAA's requirement for immediate inspections on 737-9 airplanes configured like the affected aircraft."
This incident follows recent concerns over manufacturing quality, including a report last month about loose bolts in the rudder systems of new 737 MAX jets.
Alongside Boeing's stock decline, airline companies utilizing Boeing aircraft also experienced losses: Alaska Air Group shares fell 4.4% to $36.30, and United Airlines shares decreased by 0.6% to $41.50.
Discover the latest news and current events in Company News as of 13-01-2024. The article titled " Boeing 737 MAX 9 Grounding 2025: Shares Drop 8.8% Amid FAA Safety Inspection " provides you with the most relevant and reliable information in the Company News field. Each news piece is thoroughly analyzed to deliver valuable insights to our readers.
The information in " Boeing 737 MAX 9 Grounding 2025: Shares Drop 8.8% Amid FAA Safety Inspection " helps you make better-informed decisions within the Company News category. Our news articles are continuously updated and adhere to journalistic standards.