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Boeing boss and president consider stepping down amid security crisis

Boeing revealed that its president and chief executive, under fire, were leaving their positions while pledging to “resolve” the safety crisis in which the aircraft manufacturer is sinking.

The company said Dave Calhoun, CEO for just over three years, plans to step down by the end of the year as part of a management shakeup.

Commercial Airline Division Chief Stan Hope will also retire and Chairman Larry Kellner will step down from the board.

The changes were revealed as Boeing customers, including Ryanairare putting increased pressure on the company due to the fallout from its latest safety issue, which has led to further delays in plane orders.

Boeing CEO Dave Calhoun said he would play a role in appointing his successor.

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Airlines have endured years of disruption related to variants of the 737 MAX planes.

The MAX 8 fleet has been grounded globally for nearly two years after two fatal crashes that left 346 people dead – crashes that were blamed on faulty flight control software.

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What is happening at Boeing?

The return to the skies in 2021 was interrupted by the collapse in demand for international travel due to the COVID pandemic.

But Boeing’s safety record came under scrutiny again in January this year when a panel burst occurred on a 737 MAX 9 aircraft while at 16,000 feet, forcing an emergency landing.

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Ryanair boss says passengers are safe despite Boeing problems
Boeing drops 737 MAX chief after in-flight alert
The American regulator strengthens its surveillance of Boeing

U.S. aviation regulators have since imposed strict production limits on Boeing as part of efforts to ensure confidence in the quality of its manufacturing.

“For years we prioritized moving the plane through the factory over making it right, and that needs to change,” Chief Financial Officer Brian West said last week.

Long-suffering Boeing investors welcomed the announcements, with shares up 4%.

Mr Calhoun told Sky’s US partner CNBC that it was “100% my decision to leave”, insisting he had not been pushed, adding that he would play a role in the appointment of his successor.

In an email to Boeing staff, he said: “As we begin this transition period, I want to assure you that we will remain steadfastly focused on completing the work we have done together to bring our company back to stability after the extraordinary challenges of the crisis. for the past five years, with safety and quality at the forefront of everything we do. »

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