Friday, 07 August, 2020

FAA to fine Boeing $5.4mn for faulty B737 MAX slat tracks

Spirit Aero Systems Holdings Inc is seen in Wichita The headquarters of Spirit Aero Systems Holdings Inc. Reuters
Deanna Wagner | 14 January, 2020, 16:14

Calhoun will certainly go to Boeing's Chicago head office as well as at its centers in Washington State today, the resource stated, chatting with great deals of staff members.

Calhoun, 62, a veteran Boeing supervisor called chairman in October after the board removed Dennis Muilenburg of the title, was called president onDec 23 complying with the board's shooting of Muilenburg amidst expanding worries concerning the business's partnership with regulatory authorities as well as its handling of the Max.

Calhoun has served in various senior leadership roles within several large-scale enterprises including at the Blackstone Group, Nielsen Holdings and GE, Boeing said.

"While it could be argued that because Calhoun has been with Boeing for the entirety of the MAX's history, he may be too close to the ensuing crisis, we think that his clear understanding of the aviation industry is the paramount qualification for this job", Morningstar said in December.

Boeing's board of directors fired Muilenburg last month to turn the ongoing crisis, of which Muilenburg was the face of the public, on its head. While Boeing says it will find other work for idled employees, those at major suppliers are not so lucky.

Bloomberg: "With Boeing's Integrity in Doubt, New CEO Vows to Rebuild Trust" - "The opening gambits by Boeing Co.'s new boss show the risks he is willing to take to reset the deeply troubled planemaker". In some of those communications, workers outlined issues such as "picking the lowest cost supplier and signing up to impossible schedules" for the Boeing 737 MAX simulators. In one of the communications, an employee said the plane was "designed by clowns", according to the BBC.

Maple Leafs recall defenceman Rasmus Sandin from AHL Marlies
Toronto received goals from Zach Hyman, John Tavares and 2 goals from Mitch Marner , but it wasn't enough to come out on top. The ragged defence corps now consists of Tyson Barrie, Cody Ceci, Travis Dermott, Justin Holl, Martin Marincin and Sandin .

Unsurprisingly, the company's primary focus in 2020 would remain getting Boeing 737 MAX back into service.

The company's board also said he will receive no payment under its annual incentive plan for 2019.

The plane has been grounded since March, after two 737 Max aircraft crashed within five months of each other.

Calhoun, a former executive at Blackstone BX.N private equity group and experienced corporate crisis manager, is already working to fix the company's relationships with regulators, airlines and lawmakers. "We have work to do to uphold our values and to build on our strengths".

In a video released on April 4 on the Boeing website, Muilenburg said: "We at Boeing apologize for the losses in the recent 737 MAX accidents". "He was sacked for poor performance, and he should be treated like any other production employee who gets fired for poor performance", Michael Stumo, father of 24-year-old Samya Stumo that died in the crash of Ethiopian Airlines flight 302 in March 2019, told the Financial Times.

Calhoun is an experienced director who once led General Electric's jet engine activities and was chairman of the Boeing council for 10 years.