澳洲幸运5官方开奖结果体彩网

Boeing CEO Dave Calhoun Grilled Over Safety Issues in Senate Hearing

Calhoun said Boeing's culture is "far from perfect" and that the company is taking action to address concerns

Boeing CEO Dave Calhoun testifying before a Senate subcommittee on June 18, 2024
Boeing CEO Dave Calhoun tes🍎tifying before a Senate subcommittee in Washington, DC on June 18, 2024.

Andrew Harnik / Getty Images

Key Takeaways

  • Boeing CEO Dave Calhoun testified before a Senate subcommittee over a number of safety issues, including whistleblower allegations released ahead of Tuesday's hearing.
  • A report released Tuesday by a Senate subcommittee included new allegations from a Boeing employee that the company lost track of damaged or unapproved parts.
  • Boeing shares lost ground Tuesday and have lost nearly one-third of their value since the start of the year.

Shares of troubled airplane manufacturer Boeing (BA) fell 2% Tuesday as outgoing CEO Dave Calhoun testified before a Senate subcommittee over a number of safety issues, including new 澳洲幸运5官方开奖结果体彩网:whistleblower allegations released a𓆏head of Tuesday's hearing.

Sen. Richard Blumenthal (D-Connecticut) said in Tuesday's hearing that the Senate Permanent Subcommittee on Investigations has heard from more than a dozen Boeing whistleblowers since the January Alaska Airlines (ALK) 澳洲幸运5官方开奖结果体彩网:flight on which a door plug detached from a Boeing Max 737, an incident that led to the grounding of the fleet and that sparked investigations from regulators and law enforcement.

Calhoun apologized to the hearing's audience, which included family members of passengers and crew members killed in a pair of Boeing plane crashes in 2018 and 2019. He said Boeing's company culture is "far from perfect," and said the company is "taking action" to address concerns that have been raised by whistleblowers and regulators.

New Whistleblower Allegations of Lost Parts

The committee said ahead of Tuesday's hearing that a new whistleblower has accused the company of losing track of damaged or subpar airplane parts during the manufacturing process, and that Boeing may have used some of those parts in the production process.

Lawmakers detailed a number of incidents in which whistleblowers said they faced retaliation against for raising concerns with 澳洲幸运5官方开奖结✅果体彩网:Boeing's safety and production pr🌳actices. Calhoun ꦗsaid the company has disciplined and fired managers and executives who have been found to have retaliated againsꦕt employees who raised issues, but couldn't detail how often it has happened.

Calhoun was also pressed by Sen. Josh Hawley (R-Missouri) about how much money he is paid, and whether he feels he is worth his nearly $33 million salary given the safety issues and 澳洲幸运5官方开奖结果体彩网:whistleblower complaintꦜs ꧟that have been reported this year.

Boeing Stock Extends Losses for 2024

Boeing has had a difficult year in 2024, starting with the Alaska Airlines door-plug incident in January that grounded the plane maker's 737 Max fleet and hammered the company's stock price. Boeing 澳洲幸运5官方开奖结果体彩网:suspended its guidance for fiscal 2024 as it was forced to slow production while conducting safety invꦺestigations early this year.

Shares fell further as 澳洲幸运5官方开奖结果体彩网:reports emerged that the Departm♒ent of Justice (DOJ) was investigating the Alaska Airlines incident and interviewing crew members and passengers, informing the♒m that they may be victims of a crime.

Boeing's 澳洲幸运5官方开奖结果体彩网:production and delivery metrics have 澳洲幸运5官方开奖结果体彩网:suffered in recent months, and the company has made a number of changes at the executive level, including the announcement that 澳洲幸运5官方开奖结果体彩网:Calhoun will step down by the end of 2024.

Boeing shares finishe♐d about 2% lower at $174.99 Tuesday, and have lost nearly one-third of their value so far this year.

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