Fuel Supply Manually Cut on China Eastern Boeing Jet Before 2022 Crash, US Report Says
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A U.S. NTSB report indicates that the fuel supply to both engines of a China Eastern Airlines Boeing 737 was manually switched off before its deadly 2022 crash, according to flight data recorder information. This is a critical development in the investigation of a high-profile air disaster involving a Boeing aircraft. The finding strongly suggests human intervention rather than a mechanical failure of the 737-800, which is a significant positive for Boeing. It potentially alleviates concerns about the aircraft's design or manufacturing, reducing the risk of costly recalls or substantial liability. This news adds to a recent string of positive developments for Boeing, including new aircraft orders and successful test flights. Investors will now watch for further official statements from Chinese regulators regarding the crash's definitive cause.
At the time of this announcement, BA was trading at $229.79 on NYSE in the Manufacturing sector, with a market capitalization of approximately $181.3B. The 52-week trading range was $176.77 to $254.35. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.