Analysts say Boeing Co. is canceling a conference call that it scheduled to discuss issues around its newest plane, which has come under scrutiny since a deadly crash in Indonesia.
The company didn’t immediately give an explanation Tuesday.
CFRA Research analyst Jim Corridore said canceling the call as a bad look for the company” when it’s facing questions about potential problems with sensors on the 737 MAX.
U.S. airline pilots say they weren’t told about a new feature that could pitch the nose down automatically if sensors indicate the plane is about to stall.
On Oct. 29, a Lion Air MAX 8 plunged into the Java Sea, killing all 189 people on board.
Boeing shares are down about 13 percent since Nov. 9.
Source:Voice of America