Boeing Reports Faulty Parts On 737 Wings, Including MAX

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Daily Newsletter | June 3, 2019

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Boeing reports faulty parts on 737 wings, including MAX

The FAA published a notice warning of defective parts on the wings of around 300 Boeing 737 MAX and 737 NG. The manufacturer requests operators to change the parts.

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IATA ANNUAL GENERAL MEETING 2019

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IATA downgrades 2019 financial outlook to $28B

The International Air Transport Association (IATA) downgrades its 2019 outlook for the global air transport industry as fuel prices rises and world trade “substantially” weakens. It now expects the industry to generate $28 billion profit ‒ almost $8 billion less compared to December 2018 forecast which stood at $35.5 billion.