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![]() U.S. regulators proposed that airlines replace or modify insulation on 1,600 BOEING CO. planes worldwide because the material does not meet fire-proofing standards. Half the planes covered by the Federal Aviation Administration airworthiness directive are flown by domestic passenger and cargo airlines. International aviation authorities usually adopt FAA directives. The plan would require changes over six years on 727 and older model 737, 747, 757 and 767 aircraft. The government's cost estimate ranges from $200 million to $330 million, depending on whether the material is removed and replaced or simply treated with a chemical fire retardant spray proposed by Boeing. It is unclear how many of the affected planes, especially those owned by U.S. airlines, will even be flying several years from now. (Reuters 01:51 PM ET 04/01/2005) Mo http://q1.schwab.com/s/r?l=248&a=107...a&s=rb050 401 ---------------------------------------------------------------- |
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