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In a major shake-up at Boeing, CEO Dave Calhoun is set to resign from his position by the end of 2024. This decision comes in the wake of the recent air travel safety crisis that has put the aerospace giant under intense scrutiny. Alongside Calhoun’s departure, board chairman Larry Kellner will step down after Boeing’s annual meeting in May, and the president and CEO of Boeing Commercial Airplanes, Stan Deal, has resigned with immediate effect.
The upcoming management changes reflect the growing challenges Boeing has faced regarding manufacturing shortcomings, which were highlighted after the Boeing Jan 5 incident. This incident involved a Boeing 737 Max 9 door plug blowing out during a commercial flight on January 5, leading to a series of events that raised questions about flight safety.
The Boeing Jan 5 incident occurred during a flight from Portland, Oregon, to Ontario, Canada, when the door plug blew out as the plane was ascending. This incident, coupled with previous software glitches and plane crashes involving Boeing 737 Max planes, has put a spotlight on Boeing’s quality control measures.
Passengers on the Alaska Airlines flight witnessed a sudden hole in the plane’s side mid-air, causing mobile phones and equipment to be sucked out due to changing pressure. However, thanks to the quick response of the pilots, an emergency landing was safely executed in Portland, with no reported injuries.
CEO Dave Calhoun has been vocal about addressing these issues, calling the Alaska Airlines Flight 1282 accident a “watershed moment for Boeing.” He has emphasized the need for transparency and humility in responding to such accidents, urging employees to prioritize quality and safety.
The news of Calhoun’s impending departure comes amid a series of meetings between Boeing officials and airline CEOs to address manufacturing quality and production challenges. The announcement has had an impact on Boeing’s stock, with a significant rise in pre-market trading following Calhoun’s statement.
Calhoun’s departure echoes the past expulsion of former CEO Dennis Muilenburg in 2019 after two fatal 737 Max plane crashes. The transition in leadership at Boeing reflects the company’s commitment to addressing safety concerns and restoring trust in its aircraft.
Sources By Agencies
