Boeing seeks to exit crisis mode as it reports results - News Summed Up

Boeing seeks to exit crisis mode as it reports results


The events come as Boeing's 737 MAX remains grounded globally following March's Ethiopian Airlines crash. Together with the Lion Air crash of October, accidents involving 737 MAX aircraft have claimed 346 lives. "Boeing has to improve its quality control and it has to be transparent and detailed with airlines, lessors and regulators in the MAX fix." "The company faces serious challenges in regaining the confidence of regulators, airlines, pilots and passengers worldwide," ISS said in a note to clients. ISS also backed a shareholder proposal to require Boeing to disclose its lobbying activities and trade association memberships.


Source: Ethiopian News April 23, 2019 03:14 UTC



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