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BA Jun 2025 340.000 call
- Yahoo Finance Video
Boeing CEO to testify before the Senate: What to expect
Outgoing Boeing (BA) CEO Dave Calhoun will testify before a US Senate panel on June 18 to address safety concerns about the Boeing 737 MAX. Yahoo Finance Reporter Pras Subramanian joins Catalysts to discuss Boeing's latest development, what to expect from the congressional testimony, and what it means for the company moving forward. Read more about the DOJ's investigation of Boeing here. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Reuters
GE Aerospace's Larry Culp declined Boeing's request to take over as CEO, WSJ reports
Boeing and GE Aerospace did not immediately respond to Reuters' requests for comment. The U.S. Federal Aviation Administration has barred Boeing from expanding production of its cash-cow 737 MAX family of jets without estimating how long the limitation will last. Boeing is also investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered jets, Reuters reported last week.
- Reuters
Boeing CEO to tell US Congress planemaker's culture is 'far from perfect'
WASHINGTON (Reuters) -Boeing CEO Dave Calhoun will tell a U.S. Senate committee on Tuesday that the planemaker understands concerns about its safety culture after a January mid-air emergency involving an Alaska Airlines 737 MAX 9 raised widespread alarm. Since the Jan. 5 mid-air blowout of a door plug on a 737 MAX 9 jet, scrutiny of the planemaker by regulators and airlines has intensified. Boeing has shaken up management and Calhoun said in March that he will step down by year-end.
