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BoeingRANK121
Boeing spent 2019 trying, to little avail, to recover from two disastrous crashes of its 737 MAX jet, which killed 346 people. Airlines canceled orders, Congressional committees called hearings, projected dates for the plane’s return to service kept getting pushed back, and the company lost $1 billion. The board lost patience with CEO Dennis Muilenberg and fired him at the end of the year. Board chairman David Calhoun took over as CEO in early January, just in time to face the coronavirus pandemic, which virtually halted travel worldwide and will be an even bigger challenge for Boeing long-term than the grounding of the 737 MAX.
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Latest news for Boeing
- InternationalBoeing shares soar after European regulator appears to give the green light to 737 MaxOctober 16, 2020 10:18 AM UTC
- InternationalEurope gets to whack fresh tariffs on $4 billion of U.S. imports, thanks to illegal Boeing subsidiesOctober 14, 2020 10:13 AM UTC
- LeadershipBoeing crashes were the “horrific culmination” of multiple mistakes, House report saysSeptember 16, 2020 11:09 AM UTC
- NewslettersLoo with a view: Would you dare to use Tokyo’s transparent public toilets?September 15, 2020 9:57 AM UTC