he closed down the airline. reaction was harsh, the consequences reverberated nationwide. >> the government overall is concerned about the extreme action taken by qantas that had stranded tens of thousands of passengers far away from home. >> having the balls to do it was a massive thing at time. it has sort of faded into history now. had he not done that at the time, qantas would be very much a pale picture of what it used to be. is today. david: i want to go right back to the most controversial thing of your career, which was the lockout. why was it necessary? alan: you probably were aware that we had gone through more than a year with workforce groups working in unison with each other. we started to lose a lot of money because there was a lot of action happening. we started to lose $20 million a week. we could have given in to demands. this was 2011. we believe those demands would have restricted qantas and would not have allowed qantas subsequently to do the turnaround. david: after the lockout, the workplac

pinkerton, more about the grounding airlines, airlines engagement and certification and related fixes and next steps to ensure safety, mr. babbott, former faa administrator look forward to your thoughts and international aif gas station community on this issue and faa can regain credibility and restore the public's trust. i hope today's testimony will help this community better understand to restore trust of fine public and safety by asking all of the appropriate questions, congress seeks answers during accidents, the committee must work to restore public confidence in max and faa's mission importantly to maintain safety of aviation and space. i will continue to work with my colleagues, representative graves and full committee as well as faa, ntsb, boeing, families of victims throughout the process. i want to thank the witnesses, i look forward to hearing your insights and i will turn to representative graves of louisiana for opening statement. >> thank you, mr. chairman, i don't know why you keep pronouncing my name the wrong way and pronouncing his the right way. i want to thank you

most big airlines at least for most airlines exactly the dominant players a boeing and airbus a notably boeing are extremely resilient we shouldn't underestimate the damage this has done and more so how this has kind of filtered down to the most basic level where i have people on the street telling me they won't fly the 737 max it will need probably to something like a rebrand where boeing a force to have doing to change the name to be able to hide away from the fact that this aircraft is the one that has suffered so famously but boeing as a company they will get over this they got over the 787 dreamliner and they'll get over the problems with this aircraft but the handling of this hasn't been so great and again this is why the company has suffered so badly i'm sure is it is always a pleasure talking to you thank you for joining us thank you. of course another issue we haven't addressed for the airline industry is pollution you have 800000 odd flights every day and that's a lot of competitions but the growing pressure for greener skies is resulting in change things like more efficient e

the largest airline, independent airline pilots in the world. i also serve as a member of the board of the coalition of airline pilots associations here in washington. a trade group representing 32,000 professional airline pilots whose concern is safety and security of the traveling public. the piloting profession is in my family. my father and two uncles were fighter pilots in world war ii. one of whom lost his life in the service of our nation. my father was an early pioneer with trans world airlines. and my daughter pursues a professional career as a commercial pilot today. i would also like to recognize the family of samuel summa who is here today. god bless you all. samuel was a young woman as well pursuing her career and young life, and tragically lost her life on 18 302. mr. chairman and members of the committee, what brings us together today as the tragic accidents of two boeing max aircraft. we owe it to those 346 souls in the flying public around the world to make sure these kinds of events never happen again. in my 35 year career at a

most big airlines at least. for most airlines exactly the dominant players a boeing and airbus a notably boeing are extremely resilient we shouldn't underestimate the damage this has done and more so how this has kind of filtered down to the most basic level where i have people on the street telling me they won't fly the 737 max it will need probably to something like a rebrand where boeing a force to have to change the name to be able to hide away from the fact that this aircraft is the one that has suffered so famously but boeing as a company they will get over this they got over the 787 dreamliner and get over the problems with this aircraft but the handling of this hasn't been so great and again this is why the company has suffered so badly it's mature is that it's always a pleasure talking to you thank you for joining us thank you of course another issue we haven't addressed for the airline industry is pollution you have 800000 odd flights every day and that's a lot of carbon emissions but the growing press

and american airlines that are major us airlines today made good on that.ck. >> they felt they owed something to the fact that the airlines were prejudice and demonstrated bias in the past so they started to employ pilots and today you have african-americans flying in the cockpit of every major airline that we have including some of the service airlines like fedex and ups. and to dramatize little but the situation we have today, i was on my way from detroit michigan and delta has a hub in detroit and when i entered the aircraft there, i turned to my left and i look to see who was in the cockpit and believe it or not there were two african-americans in the caulk part one - - the cockpit pilot and copilot even more surprising and it brought tears to my eyes and they were both female. [laughter] [applause] >> we have come a long way baby. i believe delta airlines first followed by american gave recognition quick. >> they gave me a very nice proclamation and a painting of the airliners in the letter from the vice president of operations thanking me for my past

but the boss of ethiopian airlines disagrees.ts on his hand when he said that. why have they grounded 380 aircraft around the world? simple, right? the facts speaks for itself. boeing is working on changes to the flight control system that the pilots wrestled with before crashing. but for now, these jets are sealed, covered, and going nowhere soon. as the battle over who to blame continues. simon browning, bbc news, in addis ababa. and of course hear it six am. you can hear more during breakfast. this is the briefing from bbc news. the latest headlines: pro—democracy activist joshua wong has been released from prison in hong kong. he is calling for the resignation of chief executive carrie lam. five candidates hoping to take over from theresa may as uk prime minister have taken part in their first televised debate. france is to declare a natural disaster, severe weather causing major problems in the south—east of the country. now it's time to look at the stories that are making the headlines in the media across the world. the sou

most big airlines at least. for most airlines exactly the dominant players a boeing and airbus a notably boeing are extremely resilient we shouldn't underestimate the damage this has done and more so how this has kind of filtered down to the most basic level where i have people on the street telling me they won't fly the 737 max it will need probably to something like a rebrand where boeing a force to have to change the name to be able to hide away from the fact that this aircraft is the one that has suffered so famously but boeing as a company they will get over this they got over the 787 dreamliner and get over the problems with this aircraft but the handling of this hasn't been so great and again this is why the company has suffered so badly and its insurance it is always a pleasure talking to you thank you for joining us thank you of course another issue we haven't addressed for the airline industry is pollution you have 800000 odd flights every day and that's a lot of carbon emissions but the growing pressu

industry now airlines our airlines are dealing with that situation. bit skewed the biggest issue the trade war has basically slashed the profit outlook for this year. $7500000000.00 to now $28000000000.00 that's one 5th or less than what they suggested for the growth outlook in just december of this year and the message is set by the director of the iata yes no easy money to be made and in general the operating costs are rising labor costs infrastructure costs etc and you know the whole operating costs are rising by 7.5 percent this year while still going up 6.4 percent so much and are going down. thank you 5 and credit for there in seoul for us. india has called a u.s. decision to end preferential trade with the country unfortunate stressing that while new delhi has made efforts to accommodate washington it would always act in its national interest on trade this comes after u.s. president donald trump decided to cancel india's classification as a beneficiary developing country trump said india had not assured the u.s. that it would provide equitable

you know that it's the airlines are a little bit between a rock and a hard place because. you know honestly i couldn't tell you i mean in that's the thing is the uncertainty of the situation because the airlines can fly one way in and that may turn out to be the wrong way because nobody knows where a missile may come from or where an f. 16 may come from. you know it's the uncertainty of the situation it creates a problem of course she said fuel is expensive i mean airlines won't want this situation to go along for very long how soon if they have. to something like this happens so they get back to flying normal routes what measures to airlines themselves take to assess danger in situations like these they talk to the regulatory authorities they you know airlines are not i mean they have good sources of information they work very closely with governments but if they if a government is going to launch an attack on someone. normally the airlines are not going to be told just as anybody else is not going to be told because of those things are secret when you have something like

we have 24 maxis and we had 24 maxis in service in american airlines and i believe there's more off the assembly line and that's just oneairline . these aircraft are needed. there needed for passenger service. we want them back. >> you think that this case is to be expected. >> i think the boeing corporation and the faa is capable of getting this airplane back in the sky by the end of the summer . >> i think the fine public would be pleased given your expertise to hear that but i'm become more interested again from what our readers say on what happens in the factory. the information i have is from the north charleston plant. the 737 max was designed and assembled there but the information we have really a will there's me because it's on the 737 dreamers. the verdict seems to be in on that. and the employee from the plants were with the lawyers and as five years ago, the agency did not allow the employees from the plant to certify the aircraft , the faa five years ago fought the dreamers. the dreamers. and it bothers me because the max is also manufactured there. the employees, the whist

you're watching the news coming up next in business news airlines are scrambling to assess the risks as u.s. iran tensions rise and some carriers bypassed the streets of her stephen bisley we'll have that story a whole lot more in just a moment i larkham really thank you so much for spending this part of your day with me as you can mix with. what secrets lie behind these memos. find out in an immersive experience and explore fascinating world cultural heritage sites. d w world heritage 360 getting up. to some don't think i should point i ask him for generous or dealing with any and i think i killed many civilians i mean the irish come including my father. just as i was a struggle because i wanted to build a life for myself lactase the police but suddenly life became elish kind of sob. providing insights global news that matters d. w. made for mines. apple pushes forward into the u.s. china trade standoff america's largest corporate taxpayer says new sanctions threaten its bottom line and it's supposedly looking to rework its supply chain but is that realistic. also on the show airlin

airline quanta as a single poor airlines and also carol am of the neverland saying they were rerouting flights to avoid the area all of this was happening as you mentioned when that united flight was even suspended so it really seems to be a case that the airlines are taking all of this very serious right now and have you seen any kind of reaction on the markets. well i can tell you that investors are monitoring all of the situation very closely in that they are warriors that the conflict between iran and the united states could escalate and military escalation between the 2 nations would certainly mean a huge impact for the stock market around the world while markets in asia where in the red this morning the blue chip and the exact you can see it in the background still in the green zone right now with about 30 points also the oil prices slightly up at the moment but investors they also know that the u.s. president trump that he wants to be reelected and a war with iran would poori mean hundreds maybe even thousands of soldiers being killed on both fronts and certainly falling shares

also on the show airlines around the globe are scrambling to change their flight routes as tensions heat up between the u.s. and iran. and we'll introduce you to the thai internet sensation selling dried fish on facebook and getting rich doing it. welcomes your business report i'm stephen beard sambolin thanks for joining us apple wants a trade war truce it joins a list of companies appealing to u.s. president donald trump to forgo tariffs on another $300000000000.00 of chinese imports which would include consumer goods like i phones and air conditioners apple argues that adding tariffs on july 2nd will undercut its competitiveness microsoft dell and intel also warned that tariffs would raise prices for laptops and tablets by 19 percent angering u.s. consumers and media reports say apple may shift one 3rd of production from china to southeast asia. and let's go now to yen score to our financial correspondent in new york yes can we realistically expect apple to move parts of its production line outside of china. it's not impossible and there are a lot of news and speculation so what do we

i think at the end of the day, you had evolved of airlines. we had airlines go bankrupt.bably have a few more. it is the nature of this industry. you have a class of low-cost carriers as opposed to the legacy carriers. if you are somewhere in between, you have to be very careful about your strategy. this is an evolving marketplace. i think you probably will see more failures over the next 12 to 18 months. we in the leasing community act as a great buffer for that because we take those airplanes and put them other places. we provide a great buffer for the industry, and if we do that well, we can serve our customers well and be profitable doing it. guy: do you think the fed needs to cut rates to keep the u.s. economy on track? what is your sense with the economic tea leaves? john: i think the market has already priced in fed rate cuts. you can see it in the bond prices and the spreads. so it would not surprise me if the fed would cut at least one or two more times by the end of the year. guy: you would welcome that? john: lower interest rates are always better for our busin

it seems to be good for all the rival airlines.y are, as a result, enjoying higher profit margins because they are picking up the gap, to some degree. but how long can this last? we have seen indigo, the most profitable airline in india indicate that that will only last another month or so at the best. the gap is starting to be filled in the domestic market already. we know thatjet is very unlikely to come back from this. it will be up to the government to give out some of the eyros and airport slots to other carriers to pick up on the international market. those that have been left with jet going. that was ellis taylor speaking to me earlier. facebook has become a big pa rt earlier. facebook has become a big part of many people ‘s lives. it wa nts to part of many people ‘s lives. it wants to lay a big part in our finances. that is as the social network is expected to launch its own cryptocurrency today. business reporter mariko 0i has all the details. tell us more. that's right, sharanjit, it is a $1 billion project that has been

other airlines feeling sufficiently alarmed to follow suit c. includes germany's love tanser australia's quantas k l m of the netherlands and british airways they all say they'll divert around the area affecting some long haul flights between western europe and parts of asia and australia at the same time united airlines has canceled all flights between new york among by until further notice the u.s. media reports the president trump ordered military strikes against iran on thursday before changing his mind pushed up oil prices traders have begun to worry that an armed escalation could disrupt flows from the middle east meanwhile the flow of air traffic through the region is already being restricted terry go stepping down as chairman of consumer tech firm foxconn technology which is perhaps best known as an apple supplier mr goh who has led the business for 45 years says he will run in taiwan's coming presidential election that puts his company an uncharted waters just as the u.s. china trade conflict continues to world markets foxconn is the wo

other airlines feeling sufficiently alarmed to follow suit c. includes germany's loved australia's quantas k l m of the netherlands and british airways they all say they'll divert around the area effecting some long haul flights between western europe and parts of asia and australia at the same time united airlines has canceled all flights between new york among by until further notice. u.s. media reports that president trump ordered military strikes against iran on thursday before changing his mind pushed up oil prices traders have begun to worry that an escalation could disrupt flows from the middle east meanwhile the flow of traffic through the region is already being restricted. now to some of the other global business stories making the headlines today bank of england governor mark carney says britain will face e.u. trade tariffs in the event of a no deal breaks it is commons dismissed a claim by a leading prime ministerial contender boris johnson that international trade rules would keep britain high and dry deal or not doing. shares and w

>> depends on the airline, phil. octob most airlines have taken part of the summer lift.nes, with their resources, it is easier for them to adapt. if a delay goes to the holiday season, they can sustitute more. smaller airlines have less resources. they need to have planning more efficiently. i can't tell you when. that is an individual decision for each airline certainly, some are looking at that. >> reporter: what does your gut say in terms of when regulators say it is good to go and we see it flying again? >> i wish i could comment. i just don't know. clearly, everyone is looking at the regulators for their endorsement of the boeing fix. we've reviewed the boeing fix, and we have confidence in it it really is up to the regulators and boeing to prove to everyone, to us as buyers, to the airlines who operate the aircraft, and most importantly to the traveling public, that the aircraft is, in fact, safe, and they've made it even more safe. >> reporter: does your gut say it happens, let's say, by august 31st, or are we looking at the october time frame >> my gut is poor on

we will probably see more airlines follow through because this is a situation where airlines will wanter than sorry. we have seen in ukraine, for shootdownthe tragic of a malaysian aircraft a couple of years ago. that was a situation where there was unclear jurisdiction, and we sell the tragic consequences of that. guy: if i'm flying from london out to asia, what is it going to mean in terms of flight times? how does this affect routings and flight times, and fuel and all of those other things airlines have to worry about? benedikt: probably not a lot. emirates said today there would be minor delays and diversions. these are companies that are fairly well attuned to selecting a different route. remember qatar, obviously a big player in the region and the global scale, has been under what they call a blockade for several years now, and they have been able to divert how major impact. some routes are more heavily impacted than others, but this southern tip of iran that is targeted here shouldn't be too complicated for airlines to go around. what will be interesting is will other regulator

, in march, modern airline incidentally andl march, modern airline incidentally and i asked him whate allegations. the senator seems to be seriously misinformed or he doesn't have the facts. when he said, why have the facts. when he said, why have they grounded 330 —— 80 aeroplanes over the world? the facts speak for themselves. so as you see there is a blame game going on. it's easy to see why. boeing is facing all sorts of lawsuits because of this, its credibility has been undermined and its relationship with the federal aviation authority, the us regulator has also been questioned. but clearly, attempts to deflect blame whether from people '5 owi'i deflect blame whether from people '5 own interests rather that they are principal and hasn't gone down well in addis ababa. thank you. we will talk to you again as the week progresses. let's look at some of the other stories making yesterday. and after years of planning, the london—shanghai stock connect project goes live today. under the scheme, shanghai—listed companies can now raise funds via london's stock market while british firms

airlines have collected more than a billion collars in the months of 2019. year, american, delta, united, and jetblue raised their fees to $30, and $40 for the next bag. >> they're going to be doing fine by the end of the year. >> and those baggage fees can really get you. >> they totally do. diane king hall at the new york stock exchange. thank you, diane. >> you've got it. >>> still to come, joe biden behind the bar. the presidential candidate shows his support for gay rights during a stop at the historic stonewall inn. stop at the historic stonewall inn. support, chantix is proven to help you quit. with chantix, you can keep smoking at first and ease into quitting. chantix reduces the urge so when the day arrives, you'll be more ready to kiss cigarettes goodbye. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel prob

have already bailed on boeing on monday azerbaijan airlines postponed their order worth $1000000000.00 with an increasing number of customers losing confidence in boeing the giant is likely to face even more turbulent times as quarter back to you in new york another bad news day for boeing how have investors been taking it. well it was a slight loss for the stock of boeing about boeing now since early march when boeing reached its recent high the stock has lost about 22 percent in value in just this latest revelation just increases the cost pressure on a boeing and also the question remain so when the 737 max age plane so will finally take off again so it just adds to the overall uncertainty and even if losses have been limited to the stock market on monday as i mentioned since march we're down more was the stock price by more than 20 percent and scored in new york thank you and now to some of the other global business stories making the news and us paul of economic forecasters with the chance of a recession by the end of 2020 and 60 percent almost double the forecast 3 months responde

federal immigration authorities identified a new potential rist regarding the planes united airlines had earlier stated that is was extending cancellations into september the $737.00 max is grounded worldwide after 2 deadly crashes within a matter of months. it remains very much on certain when one of these plans will take off again boeing has been trying to get its global fleet of 40737 max plans back in the air since march when every airline regulator in the world granted them following devastating accidents involving the model in indonesia and ethiopia continuing on certainty over the safety of the plan has delayed the return and now there's more bad news for the u.s. plan maker test pilots for the u.s. federal aviation administration have reportedly discovered more technical glitches with the 737 max. there have been examining software fixes for the malfunctioning anti stall system the crashes have been blamed on boeing has been asked to correct the problem before things can proceed any further the us regulator said there was no set timeline for the plan to return to service and

. >>> american airlines versus its mechanics. tonight, some union leaders are telling their families it's not safe to fly. >>> electric car sales on the rise here in the bay area. the one model making its mark. >>> and the unexpected visitor seen prowling around a b >>> if it seems like there are more teslas on the road lately, there are. a new study says electric car sales are full speed ahead in the bay area. kpix 5's maria medina is in mountain view with what's driving up demand. >> there are a few different electric car models on the market but one seems to be helping increase the number of e-cars on the road. the tesla model 3. steven taylor bought his tesla model 3 eight months ago. >> we love it. yeah. it's great. >> reporter: and he says he will never go back to a gas powered car again. >> want to move to helping the world get to transition to electric vehicles. >> as a human, we have to save the environment. >> will you get rid of your gas car eventually, do you think? >> definitely. >> reporter: both tesla owners believ

>>for your money airlines are raising their prices this summer so far american airlines has increased one-way fares on domestic flights by about $5. experts say that as southwest and hawaiian airlines also appeared with raise their prices too. these price hikes more worrying us travelers but the investors say that it's actually good news and shows there is still demand out there shares of american airlines, hawaiian airlines and southwest all surged yesterday after these changes still ahead. you're not allowed to have. >>actually they can't smoke at that they can have a head looks plain differential coming up after the break. >>well if you're looking for something to do this weekend maybe some for dad. we've got some ideas for fun things in your >>a court in california has ruled that inmates can have marijuana in prison well. but it's on story townsel reports tonight. there's a catch. >>it creates confusion if it's illegal to take it and it's illegal to use that. but now it's not illegal to have a it's sort of like what's the point of making it not illegal to have it. >>a lot of peopl

if they don't fly, airlines don't need to buy airplanes. they don't need to buy airplanes, airplanes don't need to be built. and if there is no

back to those companies that will fight for an airline with an airline for you.hey do charge fees. in air help's case, it keeps 25%, but only if you win. you can file a claim yourself. start with a letter to your airline making a specific reference to eu261 and the cash you deserve. look it up on your airline's website. policy is probably, hopefully posted there. announcer: still to come, it was a movie buff's dream come true. but changes have some film fans giving a big thumbs down. why a bay area attorney says the movie ticket app should pay up. eck with family and friends for recommendations, search for mechanics online, and check the better business bureau for ratings. call the mechanic before you go. ask if their estimates are free. before you authorize repairs, make sure you receive a written estimate of the cost. if the mechanic can't return your car the same day you drop it off, ask for a written time of repairs estimate. if the mechanic won't give you everything in writing, walk away. have a problem or a tip? give us a call or submit online. we respond t

. >>> airline kitchen workers at sfo are discussing the public possibility of a strike. they say they are fighting for higher pay and affordable healthcare, and one job should be enough. >>> alyana gomez joins us live in the studio with more on the union negotiations. >> reporter: union workers at the united here are voting right now on whether or not two strike after nearly 2 years of negotiating in good faith. one worker we spoke with today is living in a room with his son and trying to save money for his two other children in the philippines. >> that is the reality. >> reporter: overcome with emotion santiago shared his truth. he is struggling financially. centered on the job where he prepares food for the airlines, and now cannot afford his $1700 medical bill on top of his $200 a month health insurance premium. >> it is hard to pay that kind of money because that is not the only bills we have. >> reporter: the base salary for an airline food prep worker is $37,000 a year. where santa on san diego and his son rent a room in a house to keep cost down so you can try to

party in a run on march 31st electric cars driving the future of the automobile industry and the airline business is under increasing pressure to follow suit and stop being a major polluter well but tripodi electric engines are being developed and other environmentally friendly innovations now and show that the person sure talked about this. stylish sleek and fully electric the evy asian prototype is a glimpse into the future and more environmentally friendly flying powered by batteries the 9 seats a plane on display at the paris a show would produce ciro carbon emissions and be fueled by sustainable sources the c.e.o. of the israeli start up behind the plane says he could fly commercially by 2022 can we build an all electric 787 to compete with today's planes were absolutely none other it acknowledges not even close to that but to fly the speed of this size and to beat those designs that are out there says the seventy's or eighty's well here it is this was build the way we believe planes in the 21st century should be electric planes could be a sustainable option for short flight split c

about the annual gathering of airline heavyweights the picture is grim surging oil prices a faltering global economy and fears over passion just safety it's been a char bulent 12 months. that's injured the men's rubbers the trade was and for tips in this measures are taking the toll on the cargo business and rising costs for fuel labor infrastructure. margy the industry has cut its profit forecast by a 5th expecting to 20000000000 dollars this year that shafter icelandic airline while.

they've been flying high but they're a stormy skies ahead the world's airlines need in seoul to chart of course a mixed trait tensions rising fuel prices and the grounding of the boeing 737 max also coming up it's one of germany's cool unary passions so why has one small town become synonymous with white asparagus. but i'm to do that new business i want to get jones and berlin good to have you with us now then more problems for u.s. plane maker boeing the company has admitted that some of its 77 planes including the grounded 77 max aircraft may have faulty parts on their wings now this comes as global airlines have been meeting in seoul to discuss the future direction of the industry not long ago the south korean capital was at the center of a region seeing strong growth in air travel but now all that's in doubt. about the annual gathering of airline heavyweights the picture is grim surging oil prices are faltering global economy and fears over passenger safety it's been a charge bulent 12 months. that's a major demands robbers the trade wars and for tips in this measures are taking t

or the airlines operating or the other airlines using that particular jet the 737 until after the 1st crew like until after a problem happened and i think that's what it is the problem time is like everybody kind of waits until something bad happened like cut corners cut corners farm and always. was the one crash we want to crash is 2 of them and then it gets worse. it doesn't quite make sense to me and i think one of the things that's it's going to be a really i don't have to be a bad year for companies that are in air travel and i think you've got the international air transportation association the global a global trade group they represent about 290 airlines. forecast about how the industry is on track to have its worst year since 24 seen a few years you have to have high speed rail now you have right i mean and that's where those things that get all blends i mean the vehicles they pain the airline industry has been like cramming us into smaller and smaller seats and they're making us pay more making us pay more of those they're just bleeding money stealing money out of the consum

have already bailed on boeing on monday azerbaijan airlines postponed their order worth $1000000000.00 with an increasing number of customers losing confidence in boeing the giant is likely to face even more turbulent times. for more on this now i want to bring in chris. from v.w. business i mean we talk about the 737 max it's got problems to the max max i mean now we're talking about faulty wing parts these are the days it doesn't rain but of course a popular singer put it boeing losing a major contract you heard in the report fresh troubles with the $737.00 we look at the share price today at start of trading 3 percent down again and the boeing shares lost 20 percent 25 percent a quarter of their value within the last 3 months already the the most recent problem the technical problem isn't really boeing's fall it's a supply of. problem the federal aviation administration says that the cracks in the wing slats on result of quote improper manufacturing process but then again alternately it puts boeing again into a questionable position if so how serious that is this latest problem i me