Boeing wins confidence of shareholders, prepares for key 737 MAX test flight

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CHICAGO: Boeing executives successfully beat back challenges to their authority on Monday (Apr 29) as the company signalled it expects regulators ...

CHICAGO: Boeing executives successfully beat back challenges to their authority on Monday as the company signalled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes.

Dennis Muilenburg, who has been chief executive since 2015, faces one of the biggest challenges in the company's history with the grounding of the 737 MAX after two deadly crashes. The shareholders meeting, held at the Field Museum in Chicago in an auditorium about 60 per cent full, Muilenburg faced some pointed questions from shareholders, but defended the design of the 737 MAX as"thorough" and"disciplined."

"It's a chain of events. There is no singular item," he said."It's a chain of events I think it's really important that we all focus on letting the investigation process run its due course."

 

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