Boeing whistleblower: ‘Absolutely' a culture of retaliation [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
Sam Salehpour, a quality engineer at Boeing, alleged the airline giant retaliated against him after he raised concerns that portions of the fuselage of the company's 787 Dreamliner were improperly fused together, which could cause the plane to break apart midflight after an extended period of use. “In a rush to address the bottlenecks in production, Boeing hit problems, putting pieces together with excessive force to make them appear that the gaps don't exist even though they exist,” Salehpour said. “The gap didn't actually go away, and this may result in premature fatigue failure. Effectively, they are putting out defective airplanes.” The allegations hit the already embattled airline manufacturer, which is facing multiple investigations from regulators and lawmakers after the door plug of a 737 Max 9 plane blew off shortly after takeoff on an Alaska Airlines flight on Jan. 5. Boeing CEO David Calhoun was invited to testify alongside the whistleblower, but he did not attend th
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News
- Commercial Aviation Market to Surpass USD 269.17 Billion by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
- Prima Air Teams Up with Hong Kong Business Aviation Center to Drive Growth in Asia-Pacific [Yahoo! Finance]Yahoo! Finance
- The Boeing Company (NYSE: BA) was downgraded by analysts at Argus from a "buy" rating to a "hold" rating.MarketBeat
- Everton In Talks With Restructuring Experts After Takeover Gets Delayed [BNN Bloomberg (Canada)]BNN Bloomberg
- Travelers stranded as Australian airline cancels all flights [CNN]CNN
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- BA's page on the SEC website