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

Trump Media jumps more than 9% after CEO...

April 25, 2024

Chipotle to launch Adobo Ranch dip after sluggish...

June 11, 2025

Western craze boosts sales of Levi denim dresses...

June 29, 2024

Disney’s streaming services have begun cracking down on...

February 3, 2024

Rite Aid bankruptcy means pharmacies will keep dwindling

October 17, 2023

Amazon is raising free-shipping minimums for some customers...

August 31, 2023

Citigroup to lay off 20,000 employees in CEO...

January 13, 2024

Why the Federal Reserve has made everything more...

July 30, 2023

Waymo offers teen accounts for driverless rides

July 9, 2025

Saving money to buy a house? Your dollar...

October 22, 2023

    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

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • 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 © 2025 moneycontrolplace.com | All Rights Reserved