• Bloomberg

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More than 5 percent of older Boeing Co. 737 jets that underwent urgent inspections worldwide in the past week have cracks in a structure connecting the wings to the fuselage and will have to be temporarily grounded.

Boeing officials shared the preliminary findings on 737 Next Generation models with airlines on Wednesday, said a person briefed on the call who asked not to be named because the discussions were private. A total of 493 planes were inspected and 25 had evidence of cracking, said the person.

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