financetom
Business
financetom
/
Business
/
FAA says Boeing safety culture reforms may take years
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FAA says Boeing safety culture reforms may take years
Sep 25, 2024 2:05 AM

WASHINGTON, Sept 24 (Reuters) - The head of the Federal

Aviation Administration told a U.S. House subcommittee Tuesday

that safety culture improvements at Boeing ( BA ) may take three

to five years to complete.

"It is not a six month program -- it is a three-year to

five-year program," FAA Administrator Mike Whitaker said, adding

he has spoken to Boeing ( BA ) CEO Kelly Ortberg and the company's

board of directors about the need for safety culture reforms. He

said Boeing ( BA ) has made significant improvement in the short term.

"On culture it is a long-term project."

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 >
TJX forecasts annual sales growth below estimate on weak consumer spending
TJX forecasts annual sales growth below estimate on weak consumer spending
Feb 26, 2025
Feb 26 (Reuters) - TJX Cos ( TJX ) forecast its annual comparable sales growth below Wall Street estimate on Wednesday, in a sign the off-price retailer battles reduced spending from budget-conscious customers in a tough economy. The TJ Maxx parent expects its comparable store sales to grow between 2% and 3% during fiscal 2026, compared with analysts' average estimate...
Top Premarket Gainers
Top Premarket Gainers
Feb 26, 2025
07:36 AM EST, 02/26/2025 (MT Newswires) -- Enveric Biosciences ( ENVB ) shares soared 192% pre-bell Wednesday after the company said it received a US patent covering mescaline derivative compounds with potential application in addiction and neuropsychiatric disorders. Canterbury Park ( CPHC ) shares rose 59% after Tuesday's 2.4% gain. Outfront Media ( OUT ) shares increased 59% after the...
George Weston Q4 Adjusted Profit Advances, Beats Forecasts
George Weston Q4 Adjusted Profit Advances, Beats Forecasts
Feb 26, 2025
07:34 AM EST, 02/26/2025 (MT Newswires) -- George Western Holdings (WN.TO) on Wednesday reported higher adjusted profit as revenue rose slightly. The company, which operates through two reportable operating segments - Loblaw ( LBLCF ) and Choice Properties (CHP-UN.TO) - said adjusted net earnings jumped 21% to $415 million or $3.15 per adjusted diluted share, from $342 million, or $2.51...
Avista's Q4 Earnings Fall, Revenue Rises; Provides 2025 Earnings Guidance
Avista's Q4 Earnings Fall, Revenue Rises; Provides 2025 Earnings Guidance
Feb 26, 2025
07:35 AM EST, 02/26/2025 (MT Newswires) -- Avista ( AVA ) reported Q4 earnings Wednesday of $0.84 per diluted share, down from $1.08 a year earlier. Analysts polled by FactSet expected $0.86. Operating revenue for the quarter ended Dec. 31 was $517 million compared with $504 million a year earlier. Three analysts surveyed by FactSet expected $480.6 million. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved