Transportation
Boeing Tumbles After Wiring Flaw Found on 737 Max Planes
A Boeing 737 Max jet at the company's manufacturing facility in Renton, Washington.
Photographer: David Ryder/BloombergBoeing Co. shares fell after it said a wiring flaw found on its 737 Max will delay some deliveries of the cash-cow narrowbody jet.
The US planemaker said its overall delivery target of roughly 500 of the 737 jets for the year remains unchanged despite the quality lapse, disclosed on Tuesday as the company reported monthly orders and deliveries.