Boeing Co.'s full board of directors is expected to hear a report this week detailing structural corporate changes that can be made to improve the safety of its planes following two fatal crashes of its 737 Max planes, the New York Times reported Sunday. The recommended changes from a small committee of board members include a new corporate reporting structure, creating a new safety group and building simpler cockpits, the Times said. Under one proposed change, engineers would reportedly report directly to the company's head engineer, rather than a business-unit leader who might favor production deadlines over fixing problems. Boeing reported a sharp dropoff in monthly aircraft production last week as the 737 Max remains grounded. Boeing shares are up 18% year to date, compared to the S&P 500's 20% gain.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UAE aviation authority not optimistic Boeing 737 MAX will return this yearThe head of the United Arab Emirates' General Civil Aviation Authority said...
Read more »
UAE regulator not optimistic on Boeing 737 MAX return this yearThe head of the United Arab Emirates' General Civil Aviation Authority said...
Read more »
FDA advisory committee recommends $5,000 peanut allergy treatment for approvalThe FDA is expected to make a final decision in the coming months.
Read more »
DOJ cites Dems' mixed-up impeachment messages to undercut House probeThe Justice Department on Friday flatly rejected House Democrats’ claim that they’re in the midst of an “impeachment investigation” into Trump
Read more »