financetom
Business
financetom
/
Business
/
Outgoing US transport chief says Boeing has more to do after 737 MAX incident
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Outgoing US transport chief says Boeing has more to do after 737 MAX incident
Jan 6, 2025 4:07 PM

WASHINGTON, Jan 6 (Reuters) - The outgoing U.S.

transportation secretary said on Monday that Boeing ( BA ) has

more to do and its efforts to improve its culture are unfinished

after a door panel missing four key bolts flew off a new Alaska

Airlines 737 MAX 9 in mid-air in January 2024.

"There were real deficiencies ... there is much more to do,"

Pete Buttigieg told Reuters in an interview. "I think the

culture change at Boeing ( BA ) is something that is a real work in

progress and the only way to fully assess it will be to see they

can consistently improve results."

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 >
Blackstone to Take Apartment Income REIT Private for $10 Billion
Blackstone to Take Apartment Income REIT Private for $10 Billion
Apr 8, 2024
08:57 AM EDT, 04/08/2024 (MT Newswires) -- Blackstone (BX) said Monday it has signed a deal for Blackstone Real Estate Partners X to acquire and take Apartment Income REIT ( AIRC ) private for about $10 billion in cash, including debt. Blackstone's real estate unit will purchase Apartment Income REIT ( AIRC ) shares for $39.12 apiece, a premium of...
Novo Nordisk Parent Resubmits US Antirust Application for Catalent Acquisition
Novo Nordisk Parent Resubmits US Antirust Application for Catalent Acquisition
Apr 8, 2024
09:07 AM EDT, 04/08/2024 (MT Newswires) -- The parent of drugmaker Novo Nordisk ( NVO ) has resubmitted an application for US regulatory approval of its $16.5 billion acquisition bid for medicine production outsourcing firm Catalent ( CTLT ) , a regulatory filing last week has shown. A spokesperson for Novo Nordisk Foundation said the refiling aims to give authorities...
European Commission Approves Truist Financial's $15.5 Billion Sale of Remaining Majority Stake in Insurance Unit
European Commission Approves Truist Financial's $15.5 Billion Sale of Remaining Majority Stake in Insurance Unit
Apr 8, 2024
09:00 AM EDT, 04/08/2024 (MT Newswires) -- The European Commission has approved Truist Financial's ( TFC ) deal to sell its remaining stake in its Truist Insurance unit to an investor group led by private equity firms Stone Point Capital and Clayton Dubilier & Rice. Truist Financial ( TFC ) announced the sale in February, which values the insurance brokerage...
Williams Sonoma Insider Sold Shares Worth $5,490,638, According to a Recent SEC Filing
Williams Sonoma Insider Sold Shares Worth $5,490,638, According to a Recent SEC Filing
Apr 8, 2024
09:07 AM EDT, 04/08/2024 (MT Newswires) -- Marta Benson, CEO POTTERY BARN BRANDS, on April 04, 2024, sold 17,816 shares in Williams Sonoma ( WSM ) for $5,490,638. Following the Form 4 filing with the SEC, Benson has control over a total of 68,597 shares of the company, with 68,597 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/719955/000112760224012613/xslF345X03/form4.xml Price: 309, Change: -0.41,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved