Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

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

by 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
Prepare NOW For A Potentially Huge Storm Ahead
next post
CEOs at Trump meeting say he was ‘meandering’ and ‘doesn’t know what he’s talking about’

Related Posts

Spotify and YouTube raise their premium-service pricing

July 26, 2023

The Mirage casino, which ushered in an era...

May 18, 2024

Mortgage rates jump back over 7% as stronger...

February 7, 2024

Apple crushes Wall Street expectations as iPhone sales...

August 4, 2025

UPS customers weigh backup plans as threatened strike...

July 8, 2023

Inflation cooled to 4% in May — the...

June 15, 2023

U.S. gas prices hit 8-month high

July 28, 2023

Alaska Airlines and United Airlines returning Boeing 737...

January 30, 2024

Warren Buffett gives away another $5.3 billion, says...

June 28, 2024

Millions of college students in limbo after aid...

February 1, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • CHARBONE presentera a la conference Hydrogen East et annonce le developpement d’un hub d’approvisionnement dans le marche de l’Atlantique via sa filiale

    • Tartisan Nickel Corp. Intersects 24.6 Metres of 0.71% Ni, 0.56% Cu Including 6.1 Metres of 1.17% Ni, 1.45% Cu at the Kenbridge Nickel-Copper-Cobalt Project, Northwestern Ontario

    • LaFleur Minerals Inc.Taking Key Steps to Advance Position in Prolific Gold Belt

    • NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    • Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    Categories

    • Business (1,441)
    • Investing (3,613)
    • Politics (3,699)
    • Stocks (1,968)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 © 2026 moneycontrolplace.com | All Rights Reserved