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Boeing CEO meets with lawmakers as 737 Max 9 scrutiny builds - TL;DR CNBC

Boeing CEO meets with lawmakers as 737 Max 9 scrutiny builds

Publishing timestamp: 2024-01-24 15:31:12


Summary

Boeing CEO Dave Calhoun met with U.S. senators to address questions and concerns regarding the blown door plug incident on one of the company's 737 Max 9 planes. The FAA has grounded the planes and is still reviewing data before they can be cleared for service. The Senate is looking into addressing airline safety in the FAA reauthorization bill. A report suggests that the blown fuselage panel was improperly reinstalled by Boeing's mechanics. Boeing and Spirit AeroSystems declined to comment on the report. Spirit AeroSystems' shares rose 6% after the report, while Boeing's stock has declined since the incident.


Sentiment: NEGATIVE

Tickers: SPRBAALK

Keywords: businesspoliticsboeing cotravelspirit aerosystems holdings incunited statestransportationbreaking news: politicsbreaking news: businessbusiness newsalaska air group inclifeairlinesaerospace and defense industry

Source: https://www.cnbc.com/2024/01/24/boeing-ceo-meets-with-lawmakers-as-737-max-9-scrutiny-builds.html


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