Boeing's actions fall again in the face of controversial certification of the 737 MAX aircraft in the United States

Boeing shares fell 3% in early trading on Monday, causing more multi-billion dollar losses last week. The collapse was sparked by two press releases released this weekend on the certification process of their 737 MAX aircraft.

An article from Wall Street Journal this Sunday said that the US Department of Transportation is currently studying the approval of the 737 MAX by the Federal Aviation Administration (FAA) and, in particular, its Maneuvering Augmentation System (MCAS), indicated by the Boeing 737 tragedies. MAX in Indonesia and Ethiopia.

In parallel, The Seattle Times reported that the MCAS safety badysis determined that the new software had critical flaws, Including the underestimation of the power of the aircraft. The newspaper also accuses the Federal Aviation Administration (FAA) of the United States for its acronym. follow a standard certification process with the MAX instead of making additional queries.

"Boeing (will have to deal with) more control than what he has seen before," said Richard Safran of Buckingham Research. "The Inspector General of the United States Department of Transportation. will look for any issues regarding how management has managed the certification process"

The company 's shares have fallen about 10% since the plane crash in Ethiopia on March 10, which claimed the lives of 157 people. absorbing nearly 27 billion USD of its market capitalization, according to Refinitiv data.

The US Department of Transportation investigation, which began after the 189-person fatal accident in October, prompted two FAA offices to protect their computer files. WSJ.

"The FAA will be called to testify for its role in the certification process and for any contribution to the MCAS problem," Safran said.