Boeing shares fall after probe report into FAA approval of 737 MAX

The company logo and trading informations for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, US, March 13, 2019. [Photo: Reuters]

Boeing Co shares fell by more than 2.2 percent early on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.

A Wall Street Journal report on Sunday said that the US Transportation Department was probing the Federal Aviation Administration’s (FAA) approval of the 737 MAX and in particular its anti-stall (MCAS) system.