- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Japan’s two largest airlines, All Nippon Airways and Japan Airlines, grounded their fleets of Boeing (NYSE:BA) 787 Dreamliners on Wednesday after a battery issue on a domestic flight forced an emergency landing.
The short answer is: no, but it’s obviously not good. Reuters reports that a Japanese transport ministry official described the incident as “highly serious,” language that is reportedly used in international safety circles to mean that there could have been an accident.
Reports indicate that the failure occurred in the same lithium-ion type battery that failed and caused a fire in a different Dreamliner at a U.S. airport last week. That fire, combined with a string of other electrical mishaps and fuel leaks, prompted the U.S. Federal Aviation Administration to open a formal review of the aircraft…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.