BUZZ - Boeing shares decline; Jefferies points out that reports of software issues may affect deliveries

September 28 - ** Boeing BA.N shares fell 2.6% in premarket trading

** The Wall Street Journal reported on Saturday (link) that Boeing has discovered a previously undisclosed software fault in the 737 MAX that could cause the automatic navigation function to fail during landing

** Jefferies analysts stated that if the US Federal Aviation Administration (FAA) deems this a safety issue, the fault could delay certification of the MAX 10 model and hinder delivery of the MAX 7

** The US Federal Aviation Administration said it would convene a Corrective Action Review Board regarding this fault

** According to data compiled by London Stock Exchange Group (LSEG), analysts tracking Boeing give it an average "buy" rating

** As of Friday's close, Boeing (BA) shares have fallen about 9% so far this year, while rival Airbus (AIR.PA) shares are down about 2%

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