As US-based aircraft manufacturing company indicated that it expects regulators for taking a vital step in next week, Boeing executives thrash back the shareholder’s challenges successfully on Monday through continuing the effort for getting back the global reputation in the air service for 737 MAX following the two fatal crashes.
The US-based aerospace giant, under potential scrutiny following the crash which killed 346 passengers and crew and rescinded the MAX worldwide, winning a confidence vote from its investors, even as management of company confronted massive queries over the error some safety design and probably misleading moves in getting the aircraft to market.
Boeing expects the Federal Aviation Administration to conduct a test flight at the end of the next week of the software fix, the company flourished for the flight system on the 737 MAX, informed by a company representative. It would be a crucial step in ratifying the aircraft as potential and flight-worthy.
however, an FAA representative informed the agency had not released date or time for the flight yet. Amid misleading reports, in developing the latest version of its most popular aircraft, worried shareholders used the annual meeting for seeking vital transparency by approaching to make the chairman an independent director and to reveal lobbying activities and trade association memberships. But respectively, those approaches gathered just 34 and 32 percent of the votes, relatively better than similar measures last year, but still below enough 50 percent.
The overpowering of those vital paces was a great relief for Chief Executive Dennis Muilenburg and other company got the steady point but at the annual meeting, there was a small sense of triumph that manifests a moment of silence for the lives lost.
The US-based aircraft manufacturing company also confronts an uncertain timetable for acquiring back the lost and grounded fleet into air services and queries over a new flight design which crashed twice, as well as potential evaluation of the deadly crashes.
Muilenburg was questioned in a press conference if he pondered to give resignation. He responded, “ we’re focused on safety and I can tell you these accidents weigh heavily on us as a company.”
He replied, “we’re focused on safety and I can tell you these accidents weigh heavily on us as a company. He also added, “ my clear intent is to continue to lead on the front of safety and quality and integrity.” The company proclaimed last week that the crisis had included $1 billion to the costs in the first quarter of the year.