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Update: Market Chatter: FAA Chief to Testify on Boeing's Quality Improvement Plan Before Congress
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Update: Market Chatter: FAA Chief to Testify on Boeing's Quality Improvement Plan Before Congress
Sep 17, 2024 3:55 AM

06:31 AM EDT, 09/17/2024 (MT Newswires) -- (Updates with response from Boeing ( BA ) in last paragraph.)

Federal Aviation Administration head Mike Whitaker will testify on Sept. 24 before the House of Representatives Transportation Committee regarding Boeing's ( BA ) plan to improve its safety culture, Reuters reported Monday, citing the committee.

The hearing comes as the FAA is still assessing Boeing's ( BA ) reform plans to address "systemic quality-control issues," which was submitted in late May.

Boeing ( BA ) declined to comment to MT Newswires. The Congress committee and the FAA did not immediately respond to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 155.90, Change: +0.35, Percent Change: +0.23

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