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Boeing Co BA

Alternate Symbol(s):  N.BA | BA.PR.A

The Boeing Company is an aerospace company. The Company operates in three segments: Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.


NYSE:BA - Post by User

Bullboard Posts
Post by kijijion Mar 20, 2019 10:46pm
53 Views
Post# 29514812

We have only just begun....

We have only just begun....
Boeing Co faced growing pressure in Washington on Wednesday as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets while the world's biggest planemaker worked on returning the grounded fleet to the skies.
The Senate hearing, at an unspecified date, would be the first time that a U.S. congressional committee has called Boeing executives to appear for questioning about 737 MAX passenger plane crashes in October in Indonesia and March 10 in Ethiopia.
 
On March 27, the same panel, the Senate Commerce subcommittee on aviation and space, also will question U.S. Federal Aviation Administration (FAA) officials. They will likely be asked why the regulator agreed to certify the MAX planes in March 2017 without requiring extensive additional training.
 
Meanwhile, the FAA on Wednesday sent a notification to global aviation authorities saying the installation of Boeing's new automatic flight software in the grounded jets and related training was a priority for the agency.
 
The Ethiopian Airlines crash has shaken the global aviation industry and cast a shadow over the flagship Boeing model intended to be a standard for decades to come, given parallels with the Lion Air calamity off Jakarta in October. The two crashes killed 346 people in all.
 
Boeing was sued on Wednesday in federal court in Chicago by the estate of one of the Lion Air crash victims in which the plaintiffs referred to the Ethiopian crash to support a wrongful death claim against the company. A Boeing spokesman said the company does not respond to, or comment on, questions concerning legal matters.
 
Also on Wednesday, the Seattle Times reported the Federal Bureau of Investigation was joining the investigation into the MAX's certification. An FBI spokeswoman in Seattle would neither confirm nor deny that it was a part of any investigation.
 
Criminal prosecutors at the U.S. Justice Department, who are also investigating the FAA's oversight of Boeing, have issued multiple subpoenas to Boeing in an effort to find out more about how the MAX was certified and marketed, CNN reported late on Wednesday, citing sources briefed on the matter.
 
Meanwhile, the Pentagon Inspector General said it would investigate a complaint that Acting U.S. Secretary of Defense Patrick Shanahan, a former Boeing executive, violated ethical rules by allegedly promoting Boeing while in office.
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