CHICAGO: Boeing executives successfully beat back challenges to their authority on Monday (Apr 29) as the company signalled it expects regulators ...
CHICAGO: Boeing executives successfully beat back challenges to their authority on Monday as the company signalled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes.
Dennis Muilenburg, who has been chief executive since 2015, faces one of the biggest challenges in the company's history with the grounding of the 737 MAX after two deadly crashes. The shareholders meeting, held at the Field Museum in Chicago in an auditorium about 60 per cent full, Muilenburg faced some pointed questions from shareholders, but defended the design of the 737 MAX as"thorough" and"disciplined."
"It's a chain of events. There is no singular item," he said."It's a chain of events I think it's really important that we all focus on letting the investigation process run its due course."
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pilots demand better training if Boeing wants to rebuild trust in 737 MAXAmerican Airlines pilots have warned that Boeing Co's draft training proposals for the troubled 737 MAX do not go far enough to address their concerns, according to written comments submitted to the U.S. Federal Aviation Administration and seen by Reuters. The comments were made by the Allied Pilots
Read more »
Boeing CEO faces shareholders for first time since 737 MAX crashesBoeing Co Chief Executive Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX's ...
Read more »
Boeing profit falls 21 percent after 737 MAX groundingsBoeing Co reported a 21 percent fall in first-quarter profit on Wednesday and suspended its 2019 outlook as the world's largest planemaker worked ...
Read more »
Boeing CEO to face shareholders for first time since 737 Max crashesCHICAGO (REUTERS) - Boeing Co chief executive Dennis Muilenburg will face shareholders on Monday (April 29) for the first time since two fatal crashes that led to the 737 Max's grounding worldwide and triggered investigations, lawsuits and a sharp loss in share value.. Read more at straitstimes.com.
Read more »
Boeing abandons financial outlook, stops buybacks after 737 MAX groundingsBoeing Co reported a 21 percent fall in first-quarter profit on Wednesday and suspended its 2019 outlook as the world's largest planemaker worked ...
Read more »
FAA considered grounding some Boeing 737 Max planes last year: SourceUS regulators considered grounding some Boeing 737 MAX planes last year after learning belatedly of a problem with a system that is now the main ...
Read more »
FAA considered grounding some Boeing 737 Max planes last year: sourceUS regulators considered grounding some Boeing 737 MAX planes last year after learning of a problem with a system that is now the main suspect in two deadly crashes, a source close to the matter said. Investigators in the Lion Air crash in October off the coast of Indonesia and the Ethiopia Airlines
Read more »
American Airlines cuts 2019 forecast, to take US$350 million charge on 737 MAX groundingsAmerican Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a US$350 million hit from the grounding of Boeing's ...
Read more »
American Airlines to take US$350 million hit from 737 MAX groundings, shares fallAmerican Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a US$350 million hit from the grounding of Boeing's ...
Read more »