Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Business

Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says

by June 17, 2024
June 17, 2024
Boeing and Airbus may have used ‘counterfeit’ titanium in planes, FAA says

Boeing and Airbus, the two biggest commercial airline makers, may have used titanium sold using fake documents, according to evidence from a supplier that has triggered a Federal Aviation Administration investigation.

The FAA said in a statement to NBC News on Friday morning it would look into allegations from Spirit Aerosystems that the two aviation giants used titanium in their planes that came with paperwork verifying its authenticity that could have been falsified.

The news adds to a troubled period for Boeing, which is the subject of ongoing federal investigations for alleged safety problems. But the news also brings its fierce rival, France-headquartered Airbus, into the wider scrutiny the aviation industry is facing.

An Airbus assembly site in Colomiers, France, in 2022. Valentine Chapuis / AFP via Getty Images file

Spirit Aerosystems, based in Wichita, Kansas, which raised the alarm on the titanium issue, said it acted fast to remove all the suspect titanium from the supply chain.

“This is about titanium that has entered the supply system via documents that have been counterfeited. When this was identified, all suspect parts were quarantined and removed from Spirit production,” the company said in a statement.

Spirit added that “more than 1,000 tests have been completed to confirm the mechanical and metallurgical properties of the affected material to ensure continued airworthiness.”

‘Boeing reported a voluntary disclosure to the FAA regarding procurement of material through a distributor who may have falsified or provided incorrect records,’ the FAA said in a statement confirming yet another investigation into Boeing.

‘Boeing issued a bulletin outlining ways suppliers should remain alert to the potential of falsified records,’ the statement added.

Airbus controls about 60% of the commercial airline market with Boeing taking the remaining 40% — the companies’ grip on the industry has been called a duopoly.

Boeing said in an emailed statement: ‘This industry-wide issue affects some shipments of titanium received by a limited set of suppliers, and tests performed to date have indicated that the correct titanium alloy was used.’

Boeing added that it was ‘removing any affected parts on airplanes prior to delivery. Our analysis shows the in-service fleet can continue to fly safely.’

Airbus released a statement saying the company ‘is aware of the situation.’

‘Numerous tests have been performed on parts coming from the same source of supply,’ the statement said. ‘They show that (aircraft) airworthiness remains intact. The safety and quality of our aircraft are our most important priorities and we are working in close collaboration with our supplier.

Earlier on Friday the FAA said it was investigating how a Boeing 737 Max jet became caught in a so-called “Dutch roll” incident while flying from Phoenix to Oakland last month.

Boeing’s tumultuous year began when a door panel blew off a 737 Max-9 mid-air in January.

The FAA is also investigating whether Boeing completed required inspections on its flagship 787 Dreamliner jets.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
GTI Energy Ltd (ASX: GTR) – Trading Halt
next post
Boeing investigates quality problem on undelivered 787s, sources say

Related Posts

Trump Media lost $327.6 million in the first...

May 22, 2024

All Quiksilver, Billabong and Volcom stores to close...

February 7, 2025

What the National Association of Realtors’ settlement means...

March 17, 2024

The Body Shop shuts down in the U.S....

March 13, 2024

UAW strike would show Biden, other leaders it’s...

September 7, 2023

More than 75,000 workers to strike at hundreds...

October 9, 2023

Oil prices rise more than 1% as Israel...

June 21, 2025

U.S. jury finds realtors liable for inflating commissions,...

November 3, 2023

Donatella Versace steps down as head of Italian...

March 14, 2025

Target unveils new items costing $10 or less...

February 19, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 6

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025
    • 7

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025

    Categories

    • Business (1,056)
    • Investing (2,083)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,391)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved