Boeing tumbled after tests on the 737 MAX revealed a new safety risk, prompting U.S. regulators to order additional design changes to the grounded jetliner.

The Federal Aviation Administration discovered that data processing by a flight computer on the jetliner could cause the plane to dive in a way that pilots had difficulty recovering from in simulator tests, according to two people familiar with the finding who asked not to be named discussing it.

“The FAA recently found a potential risk that Boeing must mitigate,” the agency said in an emailed statement Wednesday that didn’t provide specifics.

While the issue didn’t involve the Maneuvering Characteristics Augmentation System linked to the two accidents since October that killed 346 people, it could produce an uncommanded dive similar to what occurred in the crashes, according to one person, who wasn’t authorized to speak about the matter.

Boeing dropped 2.8% to $364.40 at 9:53 a.m. Thursday in New York, by far the worst performer in the Dow Jones Industrial Average.

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David Learmount, consulting aviation-safety editor at Flight Global and a former Royal Air Force pilot, said details of the new issue are sketchy but it’s possible that it could further delay the MAX’s return.

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“The implication is that this is different software in a different control computer that’s presenting similar symptoms,” he said. “When you control an aircraft with computers, which we do now, you’ve always got potential for problems.”

Yet Bank of America Merrill Lynch stuck with its original time frame of a six- to nine-month delay.

“Given that the FAA is reviewing a complex software/hardware system in a thorough manner, we would expect to see some back and forth before a final software/hardware package is determined,” analyst Ronald Epstein said in a note to clients.

Gordon Johndroe, a Boeing spokesman, said the company agreed with the FAA finding and was addressing the issue as well as a broader software redesign that’s been underway for eight months.

“Addressing this condition will reduce pilot workload” by making it easier to respond to an uncommanded stabilizer motion, Johndroe said.

“The safety of our airplanes is Boeing’s highest priority,” he added. “We are working closely with the FAA to safely return the Max to service.”

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IAG SA, which ordered 200 Max jets at the Paris Air Show last week, giving Boeing and the 737 a much-needed boost, said it had no comment on the FAA’s latest findings. The British Airways parent has signed only a nonbinding letter of intent for the planes, which aren’t due until 2023.

The 737 MAX has been grounded worldwide since March 13, days after the second crash. “The FAA will lift the aircraft’s prohibition order when we deem it is safe to do so,” the FAA said in the statement.

Exercises on a Boeing 737 MAX simulator in recent days showed pilots might have difficulty responding to the newly identified failure, the person said.

Just as MCAS uses a motor to move a small wing at the tail of the plane to lower the nose, the latest issue could prompt that same wing to move without pilot commands. The tail wing is known as a horizontal stabilizer.

The motor on the stabilizer adjusts up and down movements known as trim. Examining how trim failures occur has been an integral part of safety reviews of the plane because it was central to the accidents.

The FAA and an independent Technical Advisory Board have been reviewing Boeing’s software fix in multiple sessions in a special Boeing simulator that is designed for engineering reviews.

“We continue to evaluate Boeing’s software modification to the MCAS and we are still developing necessary training requirements,” the agency said in its statement.

Boeing hasn’t presented its final proposed fix to FAA for approval. Before it can do so, it has to conduct a final test flight with FAA pilots.

The International Air Transport Association separately urged the U.S. regulator and other state aviation-safety authorities to align efforts to return the Max to service, especially in areas of technical validation, timelines and pilot training.

While appreciative of the FAA’s role as the certifying body for the Max and the duty of other authorities to remain independent, the industry relies on “mutual recognition, trust, and reciprocity among safety regulators,” IATA Director General Alexandre de Juniac said in a statement Thursday.

The European Aviation Safety Agency didn’t immediately respond to requests for comment on the new FAA findings.

©2019 Bloomberg L.P.