This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boeing 737s Around The World Face New Scrutiny


PHOENIX (AP) â¿¿ A terrifying flight emergency caused by a fuselage hole 34,000 feet over the Arizona desert is focusing attention on the hundreds of older-model 737s around the world that could be similarly vulnerable.

A 5-foot section of the passenger cabin roof of a 15-year-old Boeing 737-300 tore off April 1, forcing the Southwest Airlines flight to make an emergency landing.

None of the 118 people aboard was seriously injured, but light-headed passengers were banged around the cabin and had to quickly put on overhead oxygen masks as pilots made a rapid descent.

The planes will now be subjected to repeated examinations as the problem revealed by tiny, hard-to-find stress fractures in the aluminum skin resonates through the world's 737 fleet for years to come.

The Boeing 737 is workhorse of international aviation. Airlines and governments are giving the planes a closer look and taking swift action.

Japan, Indonesia, South Korea and others ordered airlines to beef up inspections. Scandinavian airline SAS is performing similar checks on some of its 737s. Qantas Airlines in Australia is checking four of its planes and Air New Zealand is looking at 15. Airlines said the inspections have not disrupted air travel.

Southwest and Continental Airlines have the most planes on the list of 737-300s, 737-400s and 737-500s prone to the fuselage ruptures, but a large number of the planes are owned by overseas carriers. UTAir in Russia, Garuda Airlines in Indonesia, Air New Zealand and three major carriers in China are among the biggest. Alaska Airlines has 17.

Southwest finished inspecting all of its affected planes by Tuesday. They found five that had cracks in the same lap joint that tore open during last week's flight, and were working with Boeing to make repairs. Alaska Airlines is going a step beyond a Federal Aviation Administration directive this week that ordered inspections when the planes reach a 30,000 takeoffs and landings; the airline will inspect all its planes in the coming weeks.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs