Boeing Company (NYSE:BA) shares are trading lower premarket Tuesday. The U.S. Federal Aviation Administration (FAA) reportedly disclosed that inspections of Boeing 787 Dreamliners will be required.
This decision follows a March incident in which a LATAM Airlines (NYSE:LTM) plane experienced a sudden mid-air dive, injuring over 50 passengers, reported Reuters.
The FAA stated that the likely cause of the dive was the uncommanded movement of the captain’s seat, which led to the autopilot’s disconnection.
The agency has received five reports of similar issues with the captain and first officer seats on 787s, with two incidents still under investigation. The FAA’s airworthiness directive affects 158 U.S.-registered and 737 airplanes globally.
The directive mandates ...
