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The Latest Breaking News from Dave Calhoun

In the understatement of 2024 so far, Boeing’s CEO says his company has been ‘far from perfect’ after a litany of safety snafus

The hearing is the first, and perhaps only, time Calhoun will testify publicly on Boeing’s safety issues before he steps down.

Fortune

Senate Hearing Criticizes Boeing's Safety Culture And CEO

Boeing and CEO Dave Calhoun face scrutiny over safety culture in upcoming hearing. Senator Blumenthal criticizes profit prioritization and lack of safety f...

Top News

Senate report piles on new allegations of Boeing safety failures - Roll Call

New whistleblower testimony released late Monday alleges that Boeing Co. has a history of attempting to “eliminate quality inspections.”

Roll Call

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Is it still safe to fly with Boeing? Everything you need to know after a string of high-profile incidents

Does ‘if it ain’t Boeing, I ain’t going’ ring true anymore? The Independent’s travel correspondent Simon Calder examines the problem-hit company

The Independent UK

Boeing CEO To Face Capitol Hill Grilling

Boeing CEO Dave Calhoun will likely face tough questions Tuesday when a Senate panel grills the executive on safety problems, manufacturing missteps and alleged efforts to intimidate whistleblowers.

International Business Times

FAA's Whitaker says agency 'too hands off' on Boeing - Roll Call

Federal oversight of Boeing Co. has been “too hands off," Mike Whitaker, the head of the Federal Aviation Administration, said Thursday.

Roll Call

Boeing Faces Deadline To Rebut Possible US Prosecution

Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX crashes.

International Business Times

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Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom

Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.

International Business Times UK

Boeing CEO to front US Senate amid safety crisis

Outgoing CEO Dave Calhoun’s slated appearance comes after whistleblowers alleged problems in production of aircraft.

Al Jazeera

Boeing CEO To Address Safety At US Senate Hearing

Boeing's outgoing CEO Dave Calhoun will testify before a US Senate panel later this month to answer questions about safety and production issues at the aircraft manufacturer, the company said Wednesday.

International Business Times

Boeing submits safety improvement plan to federal regulators

Regulators ordered the plan after a Boeing jet had a mid-flight door plug blowout earlier this year.

Axios

Boeing Set To Deliver Plan To Regulators On Upgrading Safety

Boeing is expected to deliver on Thursday a "comprehensive action plan" required by US air safety regulators after a near-catastrophic incident in January.

International Business Times

Disgruntled Boeing investors take aim at $33 million pay for ex-CEO amid ongoing safety issues

Shareholders grill executives, as questions abound over Boeing's way forward.

Fortune

Boeing Shareholders Re-Elect CEO Calhoun To Board

Boeing shareholders re-elect CEO David Calhoun during AGM, showcasing confidence in his leadership amidst industry challenges.

Top News

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International Business Times

Crisis-ridden Boeing Hopes For Quiet Annual Meeting

Boeing's annual meeting on Friday comes amid an exceptionally difficult period for the crisis-ridden company, creating potential for drama at an event that is usually a snooze-fest.

International Business Times

Mission Impossible? Next Boeing CEO Faces Pile Of Problems

Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone from bad to worse, complicating an already daunting executive search.

International Business Times

Boeing Probed In US Over Possible Falsified Records On 787

US air safety authorities are investigating whether embattled aviation giant Boeing completed required inspections on its 787 aircraft and whether employees falsified records, officials said Monday.

France 24

Crisis-hit Boeing reports quarterly revenue drop

Under intense pressure since part of the fuselage on its 737 MAX plane blew out mid-flight back in January, Boeing has reported its first-quarter results, with revenue falling to $16.5 billion and a cash burn of nearly $4 billion. Yet the figures were still better than feared. The planemaker's board…

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International Business Times

Mired In Crisis, Boeing Reports Another Loss

Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.

Top News

Boeing CEO Dave Calhoun Awarded .8 Million Compensation In 2023

Boeing CEO Dave Calhoun's compensation, leadership, and safety incidents amid company challenges and his upcoming retirement.

Top News

Boeing CEO Dave Calhoun To Resign By Year-End

Boeing CEO Dave Calhoun and top executives resign amidst scrutiny. Company emphasizes commitment to safety and quality moving forward.

Al Jazeera

‘Eyes of the world on us’: Boeing shakes up leadership amid safety crisis

CEO Dave Calhoun’s departure comes as aircraft manufacturer is facing intense scrutiny over safety record.

Axios

Boeing needs "drastic cultural overhaul," analyst says

Boeing will once again reset its leadership in the wake of safety issues.

The Guardian - US

Boeing CEO Dave Calhoun to step down in wake of cabin panel blowout

Calhoun announces plans to resign amid biggest safety crisis for Boeing since crashes of two of its Max 8 jets in 2018 and 2019

Bored Panda

“The Eyes Of The World Are On Us”: Boeing CEO To Step Down From Company At The End Of 2024

The move comes two months after an Alaska Airlines 737 Max aircraft lost a door mid-flight, leaving passengers close to a gaping hole. The post “The Eyes Of The World Are On Us”: Boeing CEO To Step Down From Company At The End Of 2024 first appeared on Bored Panda.

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