Boeing halts test flights of new plane over engine issue
DALLAS — Boeing is suspending test flights of a new airliner because of a possible problem in the manufacturing of a key engine part.
The company said Wednesday that it still plans to deliver the first Boeing 737 Max later this month, and production will continue.
The news sent Boeing Co. shares down nearly 4 per cent, although they recovered partly to close at $183.18, down $2.31, or 1.3 per cent.
Chicago-based Boeing was notified last week of a potential issue involving turbine engine discs produced by a supplier to engine maker CFM International. Boeing said it has not experienced any problems with the discs during more than 2,000 hours of testing.