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BA Jun 2024 230.000 put

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  • Reuters

    Boeing's Calhoun says board will decide his successor

    BERLIN (Reuters) -Boeing's outgoing CEO David Calhoun told Reuters on Tuesday that the planemaker's board would decide his successor and he would support its choice. Calhoun is set to step down by the end of the year as part of a broad management shakeup brought on by the planemaker's safety crisis, exacerbated by a January mid-air panel blowout on a new 737 MAX plane operated by Alaska Airlines. Calhoun supports Stephanie Pope, the head of Boeing's commercial division, while investors, analysts and others have called for a new top executive with both CEO and engineering experience.

  • Reuters

    Australia's Qantas back Boeing to bounce back from crisis

    DUBAI (Reuters) -Australian airline Qantas on Tuesday backed Boeing to bounce back from an unprecedented crisis that has led to an overhaul of the American planemaker's management and drawn scrutiny and criticism from some of its biggest customers. Boeing is searching for a new chief executive after announcing that Dave Calhoun would step down by the end of the year following back-to-back crises that were exacerbated by the blowout of the a loose door plug on a Boeing plane in January. "Aviation needs a strong Boeing," Qantas Chief Executive Vanessa Hudson told reporters at an airline summit in Dubai.

  • Reuters

    US senator urges FAA to ensure accountability in Boeing quality plan

    WASHINGTON (Reuters) -A U.S. senator overseeing aviation issues on Monday urged the head of the Federal Aviation Administration to require transparency and accountability in Boeing's quality turnaround effort. Senator Tammy Duckworth, a Democrat who chairs a subcommittee on aviation, said "Boeing's safety and quality assurances will be meaningless without appropriate transparency and accountability." Boeing on Thursday submitted a comprehensive quality improvement plan after FAA Administrator Mike Whitaker in late February gave Boeing 90 days to develop a comprehensive plan to address "systemic quality-control issues."