Boeing's CEO Dave Calhoun and top executives are set to meet with the Federal Aviation Administration (FAA) today to present a comprehensive safety plan, as reported by CNBC.
The report Boeing submits outlines improvements in employee training, enhanced platforms for workers' concerns, and reduced out-of-sequence work.
This comes after the FAA gave Boeing a 90-day deadline in February to address quality control issues following a near-catastrophic blowout of a door panel on a 737 Max 9 in January. VCPost reported that US officials launched the investigations after finding they broke criminal laws.
However, the FAA is mandating the plan after bolts were found missing from the door panel of a plane delivered to Alaska Airlines. This prompted increased scrutiny and a temporary halt on 737 Max production increases.
737 Accident on Boeing's Future
The crisis has significantly impacted Boeing's reputation and operations, leading to delays for airline customers like United and Southwest.
Financially, the company anticipates burning about $4 billion this quarter, with expectations of continued cash use throughout the year.
Boeing acknowledges that the 90-day plan begins a longer process to improve safety and quality. The update will highlight changes in staff training, better tool availability, and reduced out-of-sequence work.
Additionally, Boeing has implemented factory "stand-downs," during which work is paused to discuss potential production improvements with employees.
Re-elected CEO Calhoun, who plans to step down by the end of the year, has emphasized the importance of employee feedback, noting an increase in staff suggestions and concerns raised following previous accidents that have happened this year.
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