Boeing Hit With Proposed FAA Safety Directive Over Fuel Tanks on Some 777s

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The proposed FAA safety directive would direct operators to inspect certain Boeing 777 jets and install Teflon sleeves and cap fasteners to certain parts of the center, left and right main fuel tanks, according to the filing. This would affect 282 jets in total. The risk does not appear especially large, but the directive stretches back to issues examined in 2001. This could affect Boeing’s ($NYSE:BA) market and earnings in the long term, although it is not clear how significant the impact will be.

Market Reaction

The directive would require operators of certain 777 aircraft to inspect and potentially modify their fuel tanks in order to prevent the risk of fires.

VI Analysis

The company’s fundamentals reflect its long-term potential. Below is an analysis of The Boeing Company’s risks, made simple by the VI app. According to the VI Risk Rating, The Boeing Company is a medium risk investment in terms of financial and business aspects. You can check out what business and financial areas are presenting potential risks on our website.

Summary

Despite the negative headlines, some analysts believe that this could be a buying opportunity for long-term investors. After all, Boeing is one of the largest and most successful aerospace companies in the world, with a strong history of innovation and a bright future. Of course, any decision to invest should be based on a thorough analysis of the company and its prospects. But for those looking for a potential bargain in the wake of this news, Boeing could be worth a closer look.