Contact Members/Sign Up Reg Form

Why Haven't You Resigned? Boeing Chief's Grilling By Senate Is Viral

Photo : AFP

Boeing CEO Dave Calhoun encountered a grueling Senate hearing that delved into the company's manufacturing deficiencies and allegations of prioritizing profit over safety. Led by Senator Richard Blumenthal, the hearing marked Calhoun's first public appearance before Congress since assuming the CEO role in early 2020. The scrutiny intensified after Boeing faced renewed criticism following a severe incident involving one of its aircraft in January, prompting the CEO's appearance to address concerns and defend the company's actions.

Calhoun began the hearing with a gesture of contrition, directly apologizing to families affected by two fatal crashes involving Boeing planes in 2018 and 2019. However, tensions quickly escalated as Blumenthal accused Boeing of providing inadequate documentation to the committee, while others raised concerns about Calhoun's compensation and perceived lack of engagement with whistleblowers.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel    

"I'm here in the spirit of transparency and I'm here to take responsibility," Calhoun asserted before reporters ahead of the session.

The nearly two-hour hearing underscored the immense challenge of steering Boeing through a tumultuous period, with senators asserting that the iconic American manufacturer had lost its way. Calhoun defended his tenure, citing significant changes implemented under his leadership as "dramatic." Yet, Blumenthal countered, alleging that Boeing had made minimal progress and merely recycled old strategies.

The hearing also scrutinized Boeing's handling of whistleblower complaints, with Blumenthal pressing Calhoun on allegations of retaliation against whistleblowers. While Calhoun acknowledged that individuals had been terminated for retaliatory actions, he admitted to not directly engaging with whistleblowers, a move he conceded would be beneficial.

Since Calhoun took the helm, Boeing has navigated through a turbulent phase marked by substantial financial losses, the grounding of the 737 Max, the impact of the COVID-19 pandemic, operational disruptions, and supply chain challenges. The latest crisis emerged in January when a Boeing aircraft experienced a severe incident during flight, further denting the company's reputation.

Despite assurances of transparency and accountability from Calhoun, concerns persisted over the company's manufacturing standards and operational practices. Issues with quality control at Boeing and its supplier, Spirit AeroSystem Holdings Inc., were highlighted following an incident involving a 737 Max aircraft where a fuselage panel experienced an airborne blowout due to missing bolts.

One of the most contentious moments of the hearing came when Missouri Senator Josh Hawley criticized Calhoun's hefty compensation package totaling nearly $33 million for 2023, labeling it a "travesty" and questioning Calhoun's continued leadership.

"Senator, I'm sticking this through," Calhoun responded firmly in defense of his position.

The hearing concluded without a definitive resolution on Boeing's challenges, highlighting ongoing concerns within Congress and the broader aviation industry regarding safety, governance, and executive accountability at one of America's most prominent aerospace companies.

June 21, 2024 2:12 p.m. 480

#trending #latest #BoeingCEO #SenateHearing #AviationSafety #Whistleblowers #Boeing737 #CorporateGovernance #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai

SeaWorld Yas Island and Rescue Center Earn Global Accreditation for Animal Care

uae news / uae-national
Oct. 23, 2024 6:16 p.m. 367

SeaWorld Yas Island and the Yas SeaWorld Research & Rescue Center have received accreditation from the Association of Zoos & Aquariums (AZA), becoming only the...Read More.

German Police Raid Restaurant After Cocaine-Laced Pizza Becomes a Best Seller

global news / world news
Oct. 23, 2024 5:45 p.m. 363

Authorities were first alerted in March by food inspectors. After months of surveillance, they arrested the pizzeria's manager at his residence, uncovering a dr...Read More.

SeaWorld Yas Island and Rescue Center Earn Global Accreditation for Animal Care

SeaWorld Yas Island and the Yas SeaWorld Research & Rescue Center have received accreditation from the Association of Zoos & Aquariums (AZA), becoming only the

German Police Raid Restaurant After Cocaine-Laced Pizza Becomes a Best Seller

Authorities were first alerted in March by food inspectors. After months of surveillance, they arrested the pizzeria's manager at his residence, uncovering a dr

Zayed bin Hamdan bin Zayed attends wedding reception of Thani bin Mohamed bin Jibarah Almarar

Zayed bin Hamdan bin Zayed has attended a wedding reception hosted by Mohamed bin Jibarah bin Hasan Almarar in celebration of the marriage of his son, Thani bin

Canada Implements Stricter Foreign Worker Rules to Prioritize Domestic Labor

The newly enacted regulations are designed to encourage companies to prioritize hiring Canadians over seeking foreign talent, aiming to bolster domestic employm

Department of Municipalities and Transport Launches New Occupancy Certification Program

The Abu Dhabi Department of Municipalities and Transport launched the Building Occupancy and Legalisation Certificate Programme.

Israeli Missile Destroys Residential Building in Beirut Attack

The incident has ignited global outrage and escalated tensions between the two nations involved.

Meet Pam Kaur: HSBC's First Female CFO in 160 Years of History

Pam Kaur earned an MBA in Finance and a Bachelor of Commerce (Hons) from Panjab University in Chandigarh.

Severe Storm Expected to Strike Eastern India and Bangladesh Regions

On Wednesday, authorities canceled train services, advised fishermen to avoid the sea, and readied evacuations for those in vulnerable areas as a severe cycloni

Rocket Attacks Trigger Sirens During Blinken's Visit to Tel Aviv

Israel's air force intercepted two rockets fired from Lebanon, triggering air raid sirens in Tel Aviv on Wednesday. This incident occurred during the visit of U

SLG Group Starts AED 200 Million Integrated Hub at Dubai Industrial City

the Middle East’s top manufacturing and logistics hub, part of TECOM Group PJSC’s 10 dynamic business districts in Dubai

LATEST INSTAGRAM POST
Follow Us

© DNN. All Rights Reserved.