financetom
Business
financetom
/
Business
/
Boeing lost trust of Americans, needs strict oversight, US official says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing lost trust of Americans, needs strict oversight, US official says
Mar 15, 2025 12:17 PM

*

Transportation Secretary vows to put 'screws' to Boeing ( BA ) to

ensure safety in paragraphs 4-12

*

Trump wants restrictions on Boeing ( BA ) production lifted when

appropriate

*

Boeing ( BA ) showed USDOT Renton, Washington 737 MAX production

(Updates to add name of Fox News show in paragraph 3)

By David Shepardson and Dan Catchpole

WASHINGTON/SEATTLE, March 14 (Reuters) - U.S. planemaker

Boeing ( BA ) lost its way and also lost the trust of the

American people after a January 2024 mid-air emergency involving

a new Boeing 737 MAX and two fatal crashes in 2018 and 2019,

Transportation Secretary Sean Duffy said Friday.

Duffy also said the Federal Aviation Administration is not

yet ready to lift a 38-plane per month production cap on the 737

MAX.

"When you breach the trust of the American people with that

safety and with your manufacturing, we're going to put the

screws to you to make sure you change your ways and start doing

things right," Duffy told Fox News Channel's The Faulkner Focus

after a visit on Thursday to the Boeing 737 factory in Renton,

Washington. "They've lost trust."

Duffy traveled to Washington and met with Boeing ( BA ) CEO Kelly

Ortberg, along with acting FAA Administrator Chris Rocheleau,

following last year's mid-air panel blowout on a new Alaska

Airlines 737 MAX 9 airplane that was missing four key

bolts. Ortberg will testify April 2 before Congress.

Boeing ( BA ) said it was pleased to show Duffy and Rocheleau "the

progress we're making to further strengthen safety and quality.

Our team continues to work on improving our culture and

rebuilding trust."

Duffy said at a press conference Friday that Boeing's ( BA ) new

leadership is making improvements.

"They get it and they are making the changes in

manufacturing," he told reporters in Seattle. "I think they are

making progress but they still need tough love."

Duffy announced the factory visit on the sixth anniversary

of the crash of Ethiopian Airlines flight 302 that killed all

157 people on board and led to changes in the 737 MAX's design

and pilot training.

Previously "everybody was punching Boeing ( BA ), they were angry

and rightly so. I think we're in a space today where America is

cheering them on," Duffy added.

In January 2024, former President Joe Biden's FAA

Administrator Mike Whitaker imposed a 38-plane monthly

production cap after the Alaska Airlines 737 MAX

incident.

Duffy noted Boeing ( BA ) is not currently close to producing 38

MAX planes per month.

Once they make quality improvements "we have to take a risk

on them," Duffy said and lift the cap, but "we're not there

yet."

Duffy said President Donald Trump does not want USDOT to

take risks with safety but "wants us to not be too restrictive.

He wants us to be smart and loosen up the restrictions on

production with Boeing ( BA ) when it's appropriate."

Boeing ( BA ) in July agreed to plead guilty to a criminal fraud

conspiracy charge and pay at least $243.6 million after

breaching a 2021 deferred prosecution agreement. The Justice

Department said Boeing ( BA ) allowed potentially risky work at its

factories and did not ensure key airplane record-keeping was

accurate.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Airbus says it is in defence and space talks amid spending surge
Airbus says it is in defence and space talks amid spending surge
Mar 24, 2025
TOULOUSE, France (Reuters) - Airbus is in discussions with European nations on new defence and space orders as the continent increases spending and is seeing an improvement in supply chains for its core jetliner business, senior executives said at a company event on Monday. ...
Northern Dynasty Minerals Rallies After Trump Executive Order Revives Mining Projects
Northern Dynasty Minerals Rallies After Trump Executive Order Revives Mining Projects
Mar 24, 2025
03:39 PM EDT, 03/24/2025 (MT Newswires) -- Northern Dynasty Minerals ( NAK ) was surging over 32% Monday, after President Donald Trump issued an executive order late last week that paved the way for mining operations in the US. The company's Pebble mine project in Alaska is one of the largest undeveloped deposits of copper that also contains significant amounts...
FBI says it is probing 'increase in violent activity toward Tesla'
FBI says it is probing 'increase in violent activity toward Tesla'
Mar 24, 2025
WASHINGTON, March 24 (Reuters) - FBI Director Kash Patel said on Monday the bureau was probing what he called the increase in violent activity toward Tesla, adding the bureau had taken steps in recent days to crackdown on such incidents. The FBI has been investigating the increase in violent activity toward Tesla, and over the last few days, we have...
Palo Alto Networks Unusual Options Activity For March 24
Palo Alto Networks Unusual Options Activity For March 24
Mar 24, 2025
Investors with a lot of money to spend have taken a bearish stance on Palo Alto Networks ( PANW ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something...
Copyright 2023-2025 - www.financetom.com All Rights Reserved