American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says

by admin June 17, 2024
June 17, 2024
Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says

Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation.

The FAA said in a statement to NBC News on Friday morning it would look into allegations from Spirit Aerosystems that the two aviation giants used titanium in their planes that came with paperwork verifying its authenticity that could have been falsified.

The news adds to a troubled period for Boeing, which is the subject of ongoing federal investigations for alleged safety problems. But the news also brings its fierce rival, France-headquartered Airbus, into the wider scrutiny the aviation industry is facing.

An Airbus assembly site in Colomiers, France, in 2022. Valentine Chapuis / AFP via Getty Images file

Spirit Aerosystems, based in Wichita, Kansas, which raised the alarm on the titanium issue, said it acted fast to remove all the suspect titanium from the supply chain.

“This is about titanium that has entered the supply system via documents that have been counterfeited. When this was identified, all suspect parts were quarantined and removed from Spirit production,” the company said in a statement.

Spirit added that “more than 1,000 tests have been completed to confirm the mechanical and metallurgical properties of the affected material to ensure continued airworthiness.”

‘Boeing reported a voluntary disclosure to the FAA regarding procurement of material through a distributor who may have falsified or provided incorrect records,’ the FAA said in a statement confirming yet another investigation into Boeing.

‘Boeing issued a bulletin outlining ways suppliers should remain alert to the potential of falsified records,’ the statement added.

Airbus controls about 60% of the commercial airline market with Boeing taking the remaining 40% — the companies’ grip on the industry has been called a duopoly.

Boeing said in an emailed statement: ‘This industry-wide issue affects some shipments of titanium received by a limited set of suppliers, and tests performed to date have indicated that the correct titanium alloy was used.’

Boeing added that it was ‘removing any affected parts on airplanes prior to delivery. Our analysis shows the in-service fleet can continue to fly safely.’

Airbus released a statement saying the company ‘is aware of the situation.’

‘Numerous tests have been performed on parts coming from the same source of supply,’ the statement said. ‘They show that (aircraft) airworthiness remains intact. The safety and quality of our aircraft are our most important priorities and we are working in close collaboration with our supplier.

Earlier on Friday the FAA said it was investigating how a Boeing 737 Max jet became caught in a so-called “Dutch roll” incident while flying from Phoenix to Oakland last month.

Boeing’s tumultuous year began when a door panel blew off a 737 Max-9 mid-air in January.

The FAA is also investigating whether Boeing completed required inspections on its flagship 787 Dreamliner jets.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump campaign accelerates vetting of potential running mates
next post
CEOs at Trump meeting say he was ‘meandering’ and ‘doesn’t know what he’s talking about’

Related Posts

Starlink reportedly secures key licence in India, moves...

June 6, 2025

Dow tumbles 475 points, S&P 500 suffers worst...

April 18, 2024

Is it safe to buy the Mastercard stock...

September 21, 2024

JEPQ ETF stock sits at an all-time high:...

November 13, 2024

Target launches paid membership program as it chases...

March 7, 2024

Waaree Energies shares dip 9% despite 66% listing...

October 28, 2024

Stoxx 50 index forms bullish pattern ahead of...

March 28, 2025

Asia markets decline as Tokyo inflation accelerates, South...

November 29, 2024

AppLovin stock forecast: Here’s why APP shares may...

February 15, 2025

Here’s why the Redfin, Compass, and Zillow stocks...

September 14, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,032)
    • Investing (2,462)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved