The Boeing Company stated on Thursday it expects reduced production and deliveries of 737 MAX planes over an issue with fuselages in some aircraft, APA reports citing Teletrader.
"This is not an immediate safety of flight issue and the in-service fleet can continue operating safely. However, the issue will likely affect a significant number of undelivered 737 MAX airplanes, both in production and in storage," the aviation giant said in a statement.
Spirit AeroSystems, which makes the fuselages for its planes, noted it informed Boeing about the "quality issue" in some 737 models and added it is working to "develop an inspection and repair for the affected fuselages."
Boeing shares dropped 4.16% in after-hours trading on the news, while Spirit's stock plunged 6.69%