United, Alaska Airlines find loose parts on 737s
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 9 January 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Show Notes
Citi’s 30 stocks for its 2024 top themes
Netflix dips after Citi cuts rating on potential risks in '24-25 amid Street's 'lofty expectations'
Juniper Networks jumps 25% on report HPE is nearing buyout deal
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis. |
| 0:11.0 | Good afternoon. Today is Tuesday January 9th and I'm your host Kim Kahn. Our top story so far. |
| 0:17.0 | United Airlines and Alaska Airlines say they found loose parts on some Boeing 737 Max9 planes that they inspected in response to a mid-air |
| 0:25.2 | emergency. The discovery indicates quality control issues at Boeing aren't confined to the |
| 0:30.5 | Alaska Airlines plane that was forced to make an emergency landing. |
| 0:34.5 | The airlines disclose their findings before the NTSB and provided more details about the |
| 0:39.3 | incident. |
| 0:40.3 | A door plug covering an unused emergency exit blew out of the plane at an altitude of 16,000 feet after moving from stops that are supposed to keep it in place. |
| 0:49.0 | Four bolts were missing, investigators said. |
| 0:52.0 | They're looking into whether the bolts had been |
| 0:54.1 | installed when the cabin was being built. United said in a statement that inspections had |
| 0:58.8 | found instances that appeared to relate to installation issues in the door plug, for example bolts that needed additional tightening. |
| 1:05.0 | The airline said maintenance staff would fix the plug to receive approval to operate the planes again. |
| 1:10.0 | Alaska Airlines said initial reports from technicians |
| 1:13.5 | access the plug area and saw loose hardware on some planes. The carrier said |
| 1:18.8 | it will make necessary repairs to satisfy its safety standards and compliance with the FAA. In today's trading, stocks |
| 1:26.0 | are giving back some of the gains seen on Monday. The major averages are in the red, but trading |
| 1:30.9 | has been fairly choppy. Healthcare is the only sector in the green, |
| 1:34.0 | while energy is again the weakest. |
| 1:36.0 | Oil's decline helped equities yesterday, |
| 1:39.0 | but it's moving back up today. |
| 1:40.0 | W.T.I. Crude is gaining more than 2%. Analysts said geopolitical tensions in the Middle East |
... |
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