Boeing CEO Dave Calhoun to Resign After Cabin Panel Blowout Incident
- AP Photo/Elaine Thompson
“I want to thank Dave for his tremendous leadership of our company. And I know he will finish the job this year that he started in 2020 to position Boeing, and our employees, for a stronger future," Kellner stated.
Shares in Boeing opened higher in New York on Monday, before losing ground. By late morning, they were up by one percent.
The group’s stock has come under pressure in recent months, falling by about a quarter since the turn of the year as the Alaska incident renewed questions about the quality of its planes. Regulators and airlines have been demanding answers.
An initial report by the National Transportation Safety Board (NTSB) found the cabin panel that blew off Alaska’s new Max 9 jet in January appeared to be missing four key bolts.
The agency publicly criticized Boeing this month for failing to disclose details linked to its investigation.
Boeing claimed it had been cooperating fully and transparently with the NTSB. After the agency published its preliminary report, Calhoun said Boeing was squarely focused on strengthening quality and confidence.
The Federal Aviation Administration conducted a six-week audit of Boeing’s production line which found multiple compliance failures. The US Department of Justice is conducting its own investigation into the January 5 incident.