The American aircraft manufacturer Boeing's share price fell by over 2 percent after news that the company will delay deliveries of certain 737 Max aircraft after discovering a problem with the wiring on newly manufactured planes. 

The Wall Street Journal reports. The aircraft manufacturer stated on Tuesday that it had found chafed cables in undelivered aircraft. The company did not share further details regarding what actions are required or how many aircraft are affected.

A spokesperson for Boeing said the repairs could be completed in a few days per aircraft. The delay could slow down overall deliveries this month, according to the spokesperson, but the company stuck to its goal of delivering approximately 500 737 Max planes to customers over the year. 

The delivery delays are complicating Boeing's efforts to convince regulators that it is reducing its manufacturing errors. Authorities clamped down on Boeing after a door plug detached from a 737 Max plane in mid-air in January 2024, demanding the company slow its production rate. The mishap led to fresh scrutiny that exposed other shortcomings on both 737 models and the long-haul 787 Dreamliner rolling off assembly lines.

On Tuesday, Boeing also announced that they delivered 43 737 aircraft to customers in February. In total, the company delivered 51 aircraft last month, which is the highest total figure for a February month since 2017.

Source: Dagens Industri