The drop in profits comes as Boeing announced that Kevin McAllister, head of its commercial jetliner division, is leaving the company after just three years at the job and in the midst of Struggling to recover from two fatal crashes of its top-selling 737 Max aircraft and current trade disputes. Chief executive Dennis Muilenburg, scheduled to testify before Congress next week, was stripped of the company’s chairmanship. Boeing’s reputation took another hit when published messages between test pilots showed that Boeing knew about problems with the 737 Max’s MCAS anti-stall system three years before the crashes in Indonesia and Ethiopia, killing 189 and 157 respectively.
November 20, 2019
November 19, 2019