/ 27 March 2024

Boeing says bye bye

Image source: Getty
Image source: Getty

After a string of safety incidents on Boeing aircraft, CEO Dave Calhoun has announced he’s hitting the departure lounge and will step down at the end of the year. Board chair Larry Kellner also says he won’t stand for re-election. The company’s had a shocker and is shaking up its management and director ranks as it continues to face intense scrutiny from the American aviation regulator and the public with more travellers checking the type of plane they are flying on before booking. Boeing says it has increased the number of checks and transparency inside its factories, particularly on its beleaguered 737 Max 9 production lines. Analysts say the company should be looking to find someone external to take on the role of CEO in a bid to regain public trust. 

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