New Developments in China Eastern Airlines Crash Investigation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy BA?
Source: Newsfilter
- Fuel Supply Interruption: The NTSB's recent data indicates that the fuel supply to both engines of China Eastern Airlines flight MU5735 was simultaneously cut off before the crash in March 2022, resulting in the deaths of all 132 people on board, highlighting severe safety risks in aviation.
- Flight Data Insights: The NTSB report reveals that while cruising at 29,000 feet, the fuel switches for both engines moved from the run to cutoff position, causing a decrease in engine speeds, suggesting potential human error or system failure.
- Slow Investigation Progress: Despite the NTSB's preliminary findings, Chinese regulators have not released a comprehensive report in over two years, and the lack of transparency may undermine public trust in aviation safety.
- Black Box Analysis: The flight data recorder from the crashed Boeing 737-800 has been sent to the NTSB laboratory for analysis, as Boeing is an American manufacturer, which may affect international cooperation and trust in the investigation results.
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Analyst Views on BA
Wall Street analysts forecast BA stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 231.030
Low
150.00
Averages
269.14
High
298.00
Current: 231.030
Low
150.00
Averages
269.14
High
298.00
About BA
The Boeing Company is an aerospace company. Its segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft principally for the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Trade War Impact: The ongoing tariff war has resulted in U.S. tariffs on Chinese goods reaching 145%, while China's retaliatory tariffs hit 125%, severely disrupting Boeing's supply chain and negatively affecting its overall business performance.
- Future Order Outlook: Despite the delivery halt, Boeing's CEO indicated during the latest earnings call that China could soon place a “big number” of aircraft orders, suggesting that potential demand in the Chinese market remains, particularly if U.S.-China relations improve.
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