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Will Boeing stock increase by more than 10% within 1 week after FAA inspection results?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
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FAA Orders Inspections of 2,600 Boeing 737 MAX and NG Airplanes Over Oxygen Mask Issue on July 8
Jul 8, 2024, 04:30 PM
The U.S. Federal Aviation Administration (FAA) has mandated inspections for 2,600 Boeing 737 airplanes due to concerns that passenger oxygen masks could fail during emergencies. The directive, announced on July 8, applies to both Boeing 737 MAX and NG models. This action follows a bulletin issued by Boeing on June 17, alerting airlines to the potential issue with oxygen masks. The FAA's decision underscores the importance of ensuring passenger safety in critical situations. Reuters reported that the FAA's inspection order affects Boeing's stock ($BA).
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