{"id":412648,"date":"2021-04-29T10:17:07","date_gmt":"2021-04-29T04:47:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412648"},"modified":"2021-04-29T11:14:11","modified_gmt":"2021-04-29T05:44:11","slug":"boeing-halts-737-max-deliveries-due-to-electrical-issues-shares-fall-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-halts-737-max-deliveries-due-to-electrical-issues-shares-fall-2\/","title":{"rendered":"Boeing halts 737 MAX deliveries due to electrical issues, shares fall"},"content":{"rendered":"<p>Boeing Co said on Wednesday it paused 737 MAX deliveries over an electrical issue that has partly re-grounded the fleet, and sounded notes of caution over surging coronavirus cases in India and simmering U.S.-China geopolitical tensions. <\/p>\n<p>Boeing&#8217;s shares fell nearly 3% after the U.S. planemaker reported its sixth straight quarterly loss and a charge on its high-profile Air Force One presidential jet program. <\/p>\n<p>The smaller loss and a barrage of technical and financial challenges clouded optimism over a resurgent U.S. domestic travel market fueled by vaccinations and pent up demand.<\/p>\n<p>&#8220;We view 2021 as a critical inflection point for our industry,&#8221; Chief Executive Dave Calhoun told analysts on a conference call.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co said on Wednesday it paused 737 MAX deliveries over an electrical issue that has partly re-grounded the fleet, and sounded notes of caution over surging coronavirus cases in India and simmering U.S.-China geopolitical tensions. Boeing&#8217;s shares fell nearly 3% after the U.S. planemaker reported its sixth straight quarterly loss and a charge on its high-profile Air Force One presidential jet program. The smaller loss and a barrage of technical and financial challenges clouded optimism over a resurgent U.S. domestic travel market fueled by vaccinations and pent up demand. &#8220;We view 2021 as a critical inflection point for our [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-412648","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=412648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}