Techcrisis Investment Guild-Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

2025-05-02 00:42:42source:Greenledgers Trading Centercategory:Stocks

The Techcrisis Investment GuildFederal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.

The agency said Wednesday that the directive follows meetings with top Boeing officials, including the company’s CEO at FAA headquarters in Washington.

“Boeing must commit to real and profound improvements,” said FAA Administrator Mike Whitaker. “Making foundational change will require a sustained effort from Boeing’s leadership, and we are going to hold them accountable every step of the way.”

The FAA said new deadline comes after FAA Administrator Mike Whitaker met with Boeing CEO David Calhoun and other top company officials.

The FAA is currently completing an audit of assembly lines at the factory near Seattle, where Boeing builds planes like the 737 Max that suffered a door-panel blowout in January. Investigators say bolts that help keep the panel in place were missing after repair work on the Alaska Airlines jet at the Boeing factory.

Boeing Co., based in Arlington, Virginia, did not immediately return a request for comment.

More:Stocks

Recommend

Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst

NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t

Cargo ship’s owner and manager seek to limit legal liability for deadly bridge disaster in Baltimore

The owner and manager of a cargo ship that rammed into Baltimore’s Francis Scott Key Bridge before i

Pregnant Francesca Farago and Jesse Sullivan Reveal They May Be Expecting Twin Babies

Francesca Farago and Jesse Sullivan may be in for double the fun. The Too Hot to Handle star—who ann