REUTERS: Shares of Boeing Co dropped more than 12per cent on Monday amid a broader market plunge as pressure mounted on global aviation from the spread of the coronavirus and U.S. regulators said they disagreed with Boeing's argument about the safety of wiring bundles on the grounded 737 MAX jet.
Calhoun, who took over as CEO in January after serving about a decade on Boeing's board, told senior staff by email on Friday he was"both embarrassed and regretful" over his comments in a New York Times interview earlier in the week."It suggests I broke my promise to former CEO Dennis Muilenburg, the executive team and our people that I would have their back when it counted most," Calhoun said."I want to reassure you that my promise remains intact.
Separately, Boeing said an employee at its Everett facility in Washington state had been quarantined after testing positive for the coronavirus.Boeing in February said it did not believe it was required to separate or move wiring bundles on its grounded 737 MAX jetliner that regulators had warned could cause a short circuit on the 737 MAX, and lead to a crash if pilots did not react soon enough.