Boeing CEO opening statement to Senate for 737 Max testimony - Business Insider

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Boeing CEO Dennis Muilenburg will admit to 'mistakes' when he faces Congress over the grounded 737 Max plane. Read his full opening statement

, which has been grounded since March, following the second of two fatal crashes attributed to an automated system on the plane, MCAS.

Mr. Chairman, I know that you and your colleagues have many questions about the 737 Max. My colleague John Hamilton, Chief Engineer for Boeing Commercial Airplanes, and I will do our best today to answer them.

During this process we have been working closely with the FAA and other regulators. We've provided documentation, had them fly the simulators, and helped them understand our logic and the design for the new software. All of their questions are being answered. Regulators around the world should approve the return of the Max to the skies only after they have applied the most rigorous scrutiny, and are completely satisfied as to the plane's safety. The flying public deserves nothing less.

For 103 years, Boeing has been dedicated to making the world a safer and better place. Our founder, Bill Boeing, established our first safety council in 1917, the first full year of the company's existence, beginning a commitment to safety that we have carried forward as a core value ever since.

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So many people lost their lives due to BOING Greediness !!

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