New York state comptroller asks Boeing CEO to explain handling of MAX 9 fallout -letter

New York State's comptroller has asked Boeing CEO Dave Calhoun to explain how it is handling its current crisis in the wake of a door plug blowout on its 737 MAX 9 aircraft early this month, according to a letter on Monday seen by Reuters. The comptroller's office oversees the state's pension system, which held a 0.16% stake in the US planemaker at the end of September 2023. In his letter, New York Comptroller Thomas DiNapoli asked Calhoun to detail the steps taken by the company, thus far, to "ameliorate" immediate quality and safety issues as well as the longer-term reforms needed to prevent a repeat. DiNapoli also asked about the role of Boeing's board in overseeing the current crisis. "How will you restore confidence among your customers and the flying public?" he wrote. Boeing did not immediately respond to a request for comments. The company, long a symbol of America's manufacturing prowess, is in the crosshairs of regulators, politicians and airlines following the Jan. 5 incident, which is under investigation.<br/>
Reuters
https://www.reuters.com/business/aerospace-defense/new-york-state-comptroller-asks-boeing-ceo-explain-handling-max-9-fallout-letter-2024-01-29/
1/30/24