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Not much going Boeing's way today company officials searching for clues right now after one of its streamline -- catches fire.
London's Heathrow airport and another one is forced to turn around because of a technical issue.
Boeing stock plunging on the news before closing down about five dollars today.
On the phone with us now is former Department of Transportation inspector general -- -- attention joining us -- what what's going on with the -- just tell us what what's happening.
Well on any new plane model you often have growing pains then and bug that have to be worked out however what's different about the dreamliner -- there's so much attention to -- To their learning curve is that they have involved buyers and that noise that great can.
-- however on this -- there's still hope for Boeing because the burn pattern on the plane -- not where the batteries now.
Well -- bet that.
That sounds good to transportation inspector -- but to -- the flying public I don't care where the fire is it there's a fire in an airplane.
I don't want to be on that airplane.
Absolutely you down -- Ed bad for PR -- bad for -- flying public will be turning away from that plane because any time you have fire on a plane for any reason it is very it if could be disastrous.
But for Boeing remember they got to put the plane back in the air because they were grounded.
Because they said that fever appears that they had they did the battery would contain the battery in the half -- -- battery problems if this is the battery problem.
The whole dreamliner theory can be grounded again.
Right and who who makes that decision and how it would.
And who decides when it saved -- -- just take Boeing's word for hey we fixed our battery fire problem.
Now the Federal Aviation Administration make that determination but this time -- that the battery problem I do not think that they will.
The FAA went around the NTSB and yet -- never determine the cause of the fire before they FAA did -- -- well the fixes will take care of it.
Now in this case -- -- yet another battery fire I think -- wait to determine the true exact cause of the battery fires before allowing it back they'll.
That's the big danger for Boeing is it that the battery they might they aground again.
And and marry these these 780 sevens there are still flying as of right now I I assume we did -- one plane and in Heathrow it that he -- and -- a ground.
The whole fleet but does would -- gavel Porter her family and a 77.
Tomorrow well not today -- tomorrow no but actually won it get a heat stroke hands around it because it the FAA grounded them other nations of our affiliate just won't -- US everywhere we'll do.
What's the process from here for Boeing what do they do they they bring this airplane in and in and then some other ones and see if if there's any pattern.
Well now at this point that the process will be able pull off and look at what ever caught fire in London the London Greek authorities during -- -- investigate and and if it is a different part of the plane and they have to start the investigation -- if there what it was what caused that -- -- there any other court.
If that the battery.
I've started -- for Boeing's -- might be back to square one on the battery you.
-- -- -- the lead out saving investing market is is all eyes squarely on Boeing and whether where this fire is.
There's -- thank you very much.
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