International
Boeing CEO Muilenburg Quits
Embattled Boeing has announced that Dennis Muilenburg has resigned from his position as CEO and Board director.
The current Chairman, David L. Calhoun, will be the next CEO and President of Boeing from January 13, 2020.
This development comes after CEO Muilenburg was removed from his position as Chairman of the Board.
Boeing’s 737 Max, which was the company’s bestselling commercial jet, was grounded worldwide in March 2019 after two fatal crashes killed 346 people. It still hasn’t returned to flight, despite Boeing’s efforts to clear a software fix with regulators.
Boeing’s Starliner spacecraft makes safe landing after botched test flight.
The company said earlier this month that it would suspend production of the 737 Max starting in January. Boeing has continued to produce the 737 Max during its grounding, but uncertainty about when the federal regulators will clear the planes for flight has made production untenable. Boeing shifted its timeline for the 737 Max’s return to the skies several times throughout the year, as it became evident that it could not easily satisfy regulators’ concerns about the plane’s safety.
Boeing also lost lawmakers’ confidence, particularly after a former employee testified before Congress earlier this month that Boeing ignored safety concerns when building the 737 Max. One whistleblower suggested Boeing had a culture problem in which it cut corners to save on costs and made production mistakes.
Other problems have plagued Boeing during Muilenberg’s tenure. Another version of the 737 Max, an older version of 737 NG aircraft, was found to have structural cracks that forced airlines to inspect their fleets.
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611