Alaska Airlines Boeing 737 MAX 9 blowout – "incident is alarming"

<p>On Friday a Boeing 737 MAX 9 suffered a door plug blow out on an Alaska Airlines flight. The depressurized plane, carrying 171 passengers and 6 crew members, returned safely to Portland International Airport with no serious injuries.</p><ul><li> Alaska Airlines grounded all of its Boeing 737 Max 9 planes on Sunday </li><li>US federal officials indicated further maintenance might be required to assure that another inflight blowout like the one that damaged one of its planes doesn’t happen again</li></ul><p>Boeing will hold a company-wide webcast on safety on Tuesday to address its response.</p><p>***</p><p>Goldman Sachs:</p><ul><li>The incident is alarming</li><li>a grounding of a fleet of an aircraft type leaves open questions as to what corrective actions will be required and how long they will take to perform</li><li> Any quality control issues introduce risk to production and delivery cadence</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.