The company has come under intense scrutiny over its manufacturing process since a pair of its marquee aircraft crashed, killing hundreds of people in late 2018 and 2019 in Indonesia and Ethiopia.
Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year. Calhoun took over the company after CEO Dennis Muilenburg was ousted following the two crashes.Boeing also said Monday that Stan Deal, president and CEO of its commercial airplanes unit, will retire from the company. Stephanie Pope will now lead the division.
Southwest Airlines recently said that it was reevaluating its financial expectations for this year because of related delays in the delivery of planes.
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Airbus CEO says Boeing's problems are bad for whole industryAirbus takes no pleasure in the technical problems plaguing U.S. rival Boeing as they damage the image of the entire aerospace industry, the CEO of the...
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