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calhoun stopped short of specifying what mistake he was referring to.nvestigators at this point are focusing in on what led up to a door plug detaching from that boeing jet at 16,000 feet friday. a key question remains whether bolts used to help secure the panel were installed. one official says the bolt has not been recovered and regulators won't know if they were even in place until that door plug is exam pened in a laboratory, federal regulators adding the company is also revising its instructions for carriers for how they should inspect their 737 max-9 planes which will delay any effort to get them back in the air any time soon. this morning boeing shares are slightly higher in the premarket, just fractionally higher, frank. >> absolutely. you don't want to miss our exclusive interview with boeing ceo david calhoun at 1:00 p.m. eastern time today. again, that's a cnbc exclusive. that will be a closely watched interview. silvana, thank you very much. >>> turning our attention to a developing story in the middle east, u.s. and coalition forces respond
calhoun stopped short of specifying what mistake he was referring to.nvestigators at this point are focusing in on what led up to a door plug detaching from that boeing jet at 16,000 feet friday. a key question remains whether bolts used to help secure the panel were installed. one official says the bolt has not been recovered and regulators won't know if they were even in place until that door plug is exam pened in a laboratory, federal regulators adding the company is also revising its...
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Jan 10, 2024
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not the case today for dave calhoun. of the grounding of the 737 max-9s. 171 of the 218 that have been delivered, 171 are grounded. those are those that have a door plug on them. and of those, they are in the process of figuring out what the protocol is. the faa was emphatic yesterday in saying, look, the inspection rules to make sure that those planes are safe to fly again, that has not been finalized. they're in discussions with boeing. again, 171 of those planes are impacted. alaska and united, the two biggest operators of dash 9s around the world. we mentioned dave calhoun employee town hall meeting. if you have watched some of the clips that have been put out by the company or you listen to the audio, you can tell that dave calhoun and his team realize the significance of this moment in terms of what it means for boeing and its future. in fact, he said we want to be as transparent as possible. every detail matters as they work on trying to figure out exactly what happened on that alaska airlines plane and why that d
not the case today for dave calhoun. of the grounding of the 737 max-9s. 171 of the 218 that have been delivered, 171 are grounded. those are those that have a door plug on them. and of those, they are in the process of figuring out what the protocol is. the faa was emphatic yesterday in saying, look, the inspection rules to make sure that those planes are safe to fly again, that has not been finalized. they're in discussions with boeing. again, 171 of those planes are impacted. alaska and...
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Jan 24, 2024
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calhoun was asked about this whistleblower report that claims the loose bolts was not a fault of thet. instead, the report claims that boeing crews failed to reinstall the bolts during repair work, pointing the blame at boeing for the in-flight catastrophe. boeing ceo dave calhoun was asked about it, he says he has no comment and to talk to the ntsb, but that isn't going to work with lawmakers who are even more toured up about investing boeing. boeing's ceo said they don't put airplanes in the area -- air they are not so 0 -- is 00% confident in. mr. calhoun, how do you win customers back who say they're never going to get on a boeing mane because they don't feel safe? many calhoun, how do you get those customers back who say they're too scared to get on a boeing plane? you don't have any words of assurance for customers? >> we believe in our airplanes. we feel -- field safe airplanes, our people do. we have confidence in the safety of our airplanes, and that's what all of this is about. and we fully understand the gravity. >> reporter: but one of your planes fell apart in the sky. c
calhoun was asked about this whistleblower report that claims the loose bolts was not a fault of thet. instead, the report claims that boeing crews failed to reinstall the bolts during repair work, pointing the blame at boeing for the in-flight catastrophe. boeing ceo dave calhoun was asked about it, he says he has no comment and to talk to the ntsb, but that isn't going to work with lawmakers who are even more toured up about investing boeing. boeing's ceo said they don't put airplanes in the...
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has dave calhoun come out and said that, too?ould happen, he talked about quality escapes and gathering everything, et cetera. >> sure. >> there wasn't sort of a clear ownership of this problem to me, at least. >> well, i don't think that there's going to be a clear ownership until people know exactly what caused this. and that's not, you know, i'm not defending dave calhoun or spirit aerosystems or anyone. until we know from the ntsb, this is what we believe caused this incident, it's hard for anybody to take full ownership having said that, melissa, dave calhoun says, look, unacceptable. it's a mistake, we need to be, you know, we need to own it. we need to say, okay, how do we keep this from happening again? >> all right, phil, thank you. terrific interview. phil lebeau. despite the latest developments, our next guest believes the financial impact to boeing is limited. pic nicholas owens is with us. what was so striking to me, just, you know, on monday, was to see lots of analysts come out and basically say, there is limited f
has dave calhoun come out and said that, too?ould happen, he talked about quality escapes and gathering everything, et cetera. >> sure. >> there wasn't sort of a clear ownership of this problem to me, at least. >> well, i don't think that there's going to be a clear ownership until people know exactly what caused this. and that's not, you know, i'm not defending dave calhoun or spirit aerosystems or anyone. until we know from the ntsb, this is what we believe caused this...
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Jan 24, 2024
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dave calhoun basin questions about boeing safety procedures. elon musk facing investors as tesla reports after the bell. >> presidential politics, is trump-by linda siegel a certainty? if so, all of the big money that has been behind nikki haley, with the move to donald trump as he tries to retake the white house? but first let's get a check on the markets. the stock slightly higher. the nasdaq higher than a little less that 1%. there you are seeing the dow jones and the s&p 500 and half a percent it -- have a percentage. netflix getting a boost, helped by continued crackdowns on account sharing. that has been a big for them. >> boosting technology will be microsoft and meta. microsoft crossing the $3 million cab level. meta getting back above $1 trillion. >>> let's begin with the boeing ceo meeting with senators in washington to answer questions regarding the 737 blowout. the faa promises to take a direct inspection approach. and then on the ground tesla earnings after the bell have some firms expressing caution about the months ahead. wolf re
dave calhoun basin questions about boeing safety procedures. elon musk facing investors as tesla reports after the bell. >> presidential politics, is trump-by linda siegel a certainty? if so, all of the big money that has been behind nikki haley, with the move to donald trump as he tries to retake the white house? but first let's get a check on the markets. the stock slightly higher. the nasdaq higher than a little less that 1%. there you are seeing the dow jones and the s&p 500 and...
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calhoun has been spectacular. it will be a case study in years to come and the way they are going it is going to be looked at in a highly revered fashion. >> it is interesting, i want to turn to the stock for one more second, as we mentioned, it was treated not only hundred dollars higher per share in 2018 and 2019 even on the these tragic events, the peak market cap was in 2019, $240 billion, the company is worth over $140 billion today. if we were talking legacy automaker i would say of course they are going the way of the horse or what have you. why is boeing worth so much less now than it was five years ago? >> the company really trades out free cash flow as far as being driven by production rates. they are still pretty far below what they were producing the first mishap, 737 maxes a month, now they are somewhere in the high 30s. >> but is that enough to account for the company being worth $240,000,000,000.04 years ago and only $140 billion today? >> the huge cash flow generator talking -- it will be obviously
calhoun has been spectacular. it will be a case study in years to come and the way they are going it is going to be looked at in a highly revered fashion. >> it is interesting, i want to turn to the stock for one more second, as we mentioned, it was treated not only hundred dollars higher per share in 2018 and 2019 even on the these tragic events, the peak market cap was in 2019, $240 billion, the company is worth over $140 billion today. if we were talking legacy automaker i would say of...
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phil joins us now, what do you think calhoun's message to you is going to be? more importantly, phil, to investors. what is he going to try to say to you today? >> similar to what we heard in the employee town hall yesterday which is we've got to do better. there's no excuse for these type of mistakes that have happened. although we don't know exactly what will caused that door, that plug, to blow out on the alaska airlines play. calhoun says it doesn't matter. ultimately boeing manufactured the plane, it has to do better. and i think that's what we're going to hear. we'll talk a little more about what we'll be talking with jay calhoun in a bit, scott. but let me bring you up to speed in terms of what's happening with the grounding of the max 9s out there. remember, 171 of them are grounded around the world. the bulk of them are blown by alaska and united airlines. the inspection rules have not been finalized yet. remember, on monday, it was reported that the faa said, yep, you're good to go. they've decided they're walking that back now. they're still in discu
phil joins us now, what do you think calhoun's message to you is going to be? more importantly, phil, to investors. what is he going to try to say to you today? >> similar to what we heard in the employee town hall yesterday which is we've got to do better. there's no excuse for these type of mistakes that have happened. although we don't know exactly what will caused that door, that plug, to blow out on the alaska airlines play. calhoun says it doesn't matter. ultimately boeing...
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Jan 25, 2024
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calhoun, what's your message to passengers concerned about flying on your planes >> we fly safe planes. we don't put airplanes in the air that we don't have 100% confidence in. >> reporter: calhoun's comment comes just one day after the ceo of alaska airlines told our tom costello that he was angry with boeing and its leadership team. this after a door plug on a boeing built airplane operated by alaska airlines exploded out of the aircraft in midflight. a problem ben minicucci, alaska's ceo, placed directly on boeing in our exclusive interview. >> there's no doubt that alaska received an airplane off the production line with a faulty door. >> reporter: lawmakers are demanding answers. alaska senator dan sullivan, who represents a state uniquely impacted by the airline, grounding 30% of their fleet said, boeing is taking responsibility for the problem. >> he does personally and assured me that this is the most important issue, which i pressed him on, safety, safety, safety. >> reporter: and the ntsb is scheduled to continue their inspection at boeing's manufacturing plant on friday mean
calhoun, what's your message to passengers concerned about flying on your planes >> we fly safe planes. we don't put airplanes in the air that we don't have 100% confidence in. >> reporter: calhoun's comment comes just one day after the ceo of alaska airlines told our tom costello that he was angry with boeing and its leadership team. this after a door plug on a boeing built airplane operated by alaska airlines exploded out of the aircraft in midflight. a problem ben minicucci,...
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now, these cords were in john calhoun's perspective. they were political, social and religious institutions which bound northern and southerners together into a common union. but in calhoun's telling, he said, the first of these cords which snapped, was that of the powerful methodist episcopal church. now, calhoun surprised that the methodist church was the first one to split was and contribute to the sexual rift. warren's greater examination because the methodist episcopal church was america's largest church at that point in time. in the 1840s before it split in 1844. but it was more than just a national church. it was, as david hampton is aptly called it, an empire of the spirit. it was an international tional movement that began as a reform movement within the church of england in the 1700s, spread to the united states in after the formation of united states and sent missionaries across the globe. methodism had a complicatedrelationship with slavery, but its fundamentally anti-slavery sentiment made it a logical first step in america
now, these cords were in john calhoun's perspective. they were political, social and religious institutions which bound northern and southerners together into a common union. but in calhoun's telling, he said, the first of these cords which snapped, was that of the powerful methodist episcopal church. now, calhoun surprised that the methodist church was the first one to split was and contribute to the sexual rift. warren's greater examination because the methodist episcopal church was america's...
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now, these cords were in john calhoun's perspective. they were political, social and religious institutions, which bound northern and southerners together into a common union. but in calhoun's telling, he said, the first of these cords, which snapped, was that of the powerful methodist episcopal church. now, calhoun surprised that the methodist church was the first one to split was and contribute to the sexual rift. warren's greater examination because the methodist episcopal church was america's largest church at that point in time. in the 1840s before it split in 1844. but it was more than just a national church. it was, as david hampton is aptly called it, an empire of the spirit. it was an international tional movement that began as a reform movement within the church of england in the 1700s, spread to the united states in after the formation of united states and sent missionaries across the globe. methodism had a complicated relationship with slavery, but its fundamentally anti-slavery sentiment made it a logical first step in amer
now, these cords were in john calhoun's perspective. they were political, social and religious institutions, which bound northern and southerners together into a common union. but in calhoun's telling, he said, the first of these cords, which snapped, was that of the powerful methodist episcopal church. now, calhoun surprised that the methodist church was the first one to split was and contribute to the sexual rift. warren's greater examination because the methodist episcopal church was...
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Jan 25, 2024
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tonight, david calhoun, boeing's top executive, on capitol hill. >> did you ask for the meeting, sir? >> reporter: getting a grilling from congress. calhoun making a promise to his customers. >> what's your message to passengers concerned about flying on your planes? >> we fly safe planes. we don't put airplanes in the air that we don't have 100% confidence in. >> reporter: calhoun's comment comes just one day after the ceo of alaska airlines told our tom costello he was angry with boeing and its leadership team. this after a door plug on a boeing built airplane operated by alaska airlines exploded out of the aircraft in midflight. a problem ben ceo placed directly on boeing in our exclusive interview. >> there's no doubt that alaska received an airplane off the production line with a faulty door. >> reporter: lawmakers are demanding answers. alaska senator dan sullivan, who represents a state uniquely impacted by the airline, grounding 30% of their fleet said, boeing is taking responsibility for the problem. >> he does personally and assured me that this is the most important issue,
tonight, david calhoun, boeing's top executive, on capitol hill. >> did you ask for the meeting, sir? >> reporter: getting a grilling from congress. calhoun making a promise to his customers. >> what's your message to passengers concerned about flying on your planes? >> we fly safe planes. we don't put airplanes in the air that we don't have 100% confidence in. >> reporter: calhoun's comment comes just one day after the ceo of alaska airlines told our tom costello...
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speaking of congress, here's dave calhoun, ceo of boeing, walking.idence in. i'm here today in the spirit of transparency to number one recognize the seriously of what you just asked, number two to share everything i can with our capitol hill interests and answer all their questions because they have a lot of them. >> what is your comment today on the news that was boeing not spirit -- >> he needs to -- >> no comment. ntsb thank you. >> thank you thank you very much. >> did the senators ask for the meeting? >> took one question ceo of boeing there saying why he's there today, to answer questions full transparency, address the safety concerns although the news not moving in boeing's favor we'll monitor that from you, let you know if we learn anything from the boeing ceo as he faces lawmakers. i wanted to leave you with two quotes on the state of the consumer puma is one, after that nike warning, puma echoed the charge and had a big miss overnight and sounded i think pretty cautious when it comes to the consumer. if we have that puma quote to pull up.
speaking of congress, here's dave calhoun, ceo of boeing, walking.idence in. i'm here today in the spirit of transparency to number one recognize the seriously of what you just asked, number two to share everything i can with our capitol hill interests and answer all their questions because they have a lot of them. >> what is your comment today on the news that was boeing not spirit -- >> he needs to -- >> no comment. ntsb thank you. >> thank you thank you very much....
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so on march fourth, 1850, john calhoun would deliver what would be his final speech in the senate.wo colleagues delivered on his behalf because he was too sick and elderly at that point. and his speech looks at two key concepts. he looks first at while he's discussing what was came to be known as the compromise of 1850. he's looking at howt then the s, arguably more consequential is how did the union even get to that point in the first place? and on the latter question, calhoun blamed abolitionism, believing that it had sundered what he called the cords that bind the states together. now, these cords were in john calhoun's perspectiv political,d religious institutions, which bound northern and southerners together into a common union. but in calhoun's telling, he said, the first of these cords, which snapped, was that of the powerful methodist episcopal church. now, calhoun surprised that the methodist church was the first one to split was and contribute to the sexual rift. warren's greater examination because the methodist episcopal church was america's largest church at that poin
so on march fourth, 1850, john calhoun would deliver what would be his final speech in the senate.wo colleagues delivered on his behalf because he was too sick and elderly at that point. and his speech looks at two key concepts. he looks first at while he's discussing what was came to be known as the compromise of 1850. he's looking at howt then the s, arguably more consequential is how did the union even get to that point in the first place? and on the latter question, calhoun blamed...
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Jan 11, 2024
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>> because a quality escape occurred. >> reporter: calhoun doesn't know if the breakdown in production line quality control happened at spirit aerosystems, which makes the fuselage or boeing, which turns out the plane. spirit said today, it remains focused on the quality of each aircraft structure that leaves our facilities transportation secretary pete buttigieg -- >> are you concerned about the quality of product that boeing is turning out, and should the american public be concerned? >> i'll say this, every plane that they deliver to an airline, every plane that goes into the skies needs to be 100% safe, and they need to be able to demonstrate that >> reporter: five years after two max 8 crashes killed 346 people overseas, ceo calhoun says the company's reputation is on the line >> it's serious-serious. it's a safety incident, and nobody is going to live with that, period. >> reporter: united and alaska airlines are still waiting for inspection guidance from boeing and the faa, likely to take several hours per plane. for now all max 9 flights remain grounded, alaska says, at least t
>> because a quality escape occurred. >> reporter: calhoun doesn't know if the breakdown in production line quality control happened at spirit aerosystems, which makes the fuselage or boeing, which turns out the plane. spirit said today, it remains focused on the quality of each aircraft structure that leaves our facilities transportation secretary pete buttigieg -- >> are you concerned about the quality of product that boeing is turning out, and should the american public be...
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phil lebeau with dave calhoun this morning. page one of the "l.a.imes" saying a former employee says, "i would tell my family to avoid the max. kwlts >> we're dealing with a company that was the gold standard when everybody else was brass. when dave calhoun says he owns it, he doesn't own it. so, how do you say, own it? >> i'm not sure if we have phil at the moment. >> my problem is this. there was a great decision made by boeing, and i remember when the decision was made, i was -- i bought a ton of boeing because -- for my travel trust, because i realized they got rid of all the bad stuff where nobody was making money and all the union problems and suddenly they became an assembler instead of a manufacturer. i went down to the museum in new orleans, really studied boeing, and what they wouldnever do is let someone else have a part of the process. but when you want to make a lot of money, you do this stuff, sell it to private equity. i think it was greed that made this thing so dave calhoun has inherited a machine that he is not in charge of. >> by
phil lebeau with dave calhoun this morning. page one of the "l.a.imes" saying a former employee says, "i would tell my family to avoid the max. kwlts >> we're dealing with a company that was the gold standard when everybody else was brass. when dave calhoun says he owns it, he doesn't own it. so, how do you say, own it? >> i'm not sure if we have phil at the moment. >> my problem is this. there was a great decision made by boeing, and i remember when the...
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. >>> boeing's ceo dave calhoun said the company is, acknowledging our mistake.following the midflight blowout of an alaska airlines door plugged that happened last friday. calhoun became emotional as he discussed the incident at a company staff meeting yesterday. he thanked the pilots and crew of the alaska airlines flight . the faa has temporarily grounded all boeing 737 max-9 planes pending inspections. calhoun said his company will cooperate with the federal investigation. >>> we say good morning to our friends in the community of san jose. as you wake up to the said line. your city is now looking for a new police chief. the city's top cop anthony mata announced he is retiring after 28 years, protecting and serving in san jose. while he will not be the chief, he is not hitting the links either. he will continue to serve as head of the investigations bureau at the county das office. we know recruiting police as a replacement may not be easy as cities all over the country struggle to fill police vacancies. here is the pitch for san jose two prospects from a or
. >>> boeing's ceo dave calhoun said the company is, acknowledging our mistake.following the midflight blowout of an alaska airlines door plugged that happened last friday. calhoun became emotional as he discussed the incident at a company staff meeting yesterday. he thanked the pilots and crew of the alaska airlines flight . the faa has temporarily grounded all boeing 737 max-9 planes pending inspections. calhoun said his company will cooperate with the federal investigation....
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. >> some members of congress are angry at boeing as well, boeing ceo as we mentioned dave calhoun is on capitol hill today. syal, let's talk beyond the alaska airlines. i wonder what calhoun is saying about the safety of the planes overall. >> he's certainly having to answer questions from senators about this. boeing's ceo is on capitol hill today meeting with multiple senators incluing the commerce chair, the panel oversees aviation security as well as other members of the committee, such as dan sullivan, the republican as well as ted cruz, in addition to that virginia senators mark warner and tom kaine. because boeing is headquartered in virginia. >> shared everything i could. understands the gravity of the situation. we'll make sure that we convey our message and all the work we're doing. >> reporter: now calhoun was asked to respond to people who feel too scared to fly on these boeing planes in wake of these security issues, he said only that we believe in our airplane, confident in the safety of our airplanes. dan sullivan the senator who met with him called it a frank discussio
. >> some members of congress are angry at boeing as well, boeing ceo as we mentioned dave calhoun is on capitol hill today. syal, let's talk beyond the alaska airlines. i wonder what calhoun is saying about the safety of the planes overall. >> he's certainly having to answer questions from senators about this. boeing's ceo is on capitol hill today meeting with multiple senators incluing the commerce chair, the panel oversees aviation security as well as other members of the...
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romaine: discus to question about the leadership, dave calhoun has been there since 2020.u have heard some of the comments by some of the airlines that are clearly fed up with things going on over there. what does the story become, it is not just about deliveries is about making sure longer you have a customer base confident in your leader and boeing's company. sheila: the max nine issue was a manufacturing issue, we don't have an official conclusion but it seems that's the case. you have to exercise operational excellence it is difficult and a supply chain that is so vast. i think that is what management's focus has to be to restore confidence in his customer base. romaine: grade to stock up with you goodbye have a busy couple of hours over a jeffries. the stock is down 2.47%. a big day for dave calhoun and his team. coming up we will talk to a big name from hollywood. you know him from game of thrones but he has something new, a new show called an optimist guide to the planet. that conversation coming up after the break. this is bloomberg. romaine: welcome back to bloomb
romaine: discus to question about the leadership, dave calhoun has been there since 2020.u have heard some of the comments by some of the airlines that are clearly fed up with things going on over there. what does the story become, it is not just about deliveries is about making sure longer you have a customer base confident in your leader and boeing's company. sheila: the max nine issue was a manufacturing issue, we don't have an official conclusion but it seems that's the case. you have to...
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Jan 10, 2024
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there's also some humility, and you saw that in dave calhoun�*s reaction. that's incredibly important here. that openness is what gets aviation safety to the very high levels we usually achieve. so in this case, recognising that there may be a problem, working with that national transportation safety board investigation, which is focused on the safety lessons, i think is the best way to recover this situation. so i feel heartened by that. yeah, i mean, there was, as you mentioned there, an awful lot of introspection after those first 737 max incidents, those two fatal crashes. the planes were grounded for a prolonged period. and you would wonder, with all that deep examination of these planes, how these loose bolts could have escaped attention. i think that's a really important question, and clearly the investigation will want to get to that answer as soon as it can. now, the ntsb have told us that that report may not come for a year or 18 months, which is why it's right that the company takes immediate actions to minimise any risk that might be there in th
there's also some humility, and you saw that in dave calhoun�*s reaction. that's incredibly important here. that openness is what gets aviation safety to the very high levels we usually achieve. so in this case, recognising that there may be a problem, working with that national transportation safety board investigation, which is focused on the safety lessons, i think is the best way to recover this situation. so i feel heartened by that. yeah, i mean, there was, as you mentioned there, an...
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or is calhoun's leadership in real question? >> well, that brings up the question, is this a systemic issue in terms of quality control at boeing. when you look at the max -- jim, it's not just this incident. holes were drilled incorrectly. they need to shut down the deliveries until they analyze it. that's an example of i think a couple months ago. i'm not going to go through whole lists of all the issues. you and i, jim, have talked, many times when something has come up with regard to the max, and there have been some issues with the dreamliner, but not to the extent there have been with the max, which always raises the question, can boeing fix the culture there? there seems to be this perception that the quality and the quality controls have just not been in place. some of that many people say extends back to spirit arrow systems. at the end of the day, boeing is the company that assembles these aircraft. boeing is responsible for the aircraft. >> phil, one last thing that was interesting in that briefing was the bit about t
or is calhoun's leadership in real question? >> well, that brings up the question, is this a systemic issue in terms of quality control at boeing. when you look at the max -- jim, it's not just this incident. holes were drilled incorrectly. they need to shut down the deliveries until they analyze it. that's an example of i think a couple months ago. i'm not going to go through whole lists of all the issues. you and i, jim, have talked, many times when something has come up with regard to...
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the boss of boeing, david calhoun, said he understood the seriousness of the safety questions facinghe company as he was on his way to meet with us senators on wednesday. we believe in our airplanes. we feel they are safe airplanes and our people do, we have confidence in the safety of our airplanes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near—catastrophic alaska airlines incident earlier this month, which saw a cabin panel blow off a brand—new 737 max 9 jet. since then, about 171 max 9 jets have been grounded. mr calhoun did not comment on an anonymous report posted online by someone claiming to work at boeing, calling the aircraft's production process a "rambling, shambling disaster waiting to happen." this week, united airlines ceo scott kirby called the max 9 grounding "the straw that broke the camel's back for us," saying united is considering fleet plans that don't include the boeing's latest 737 max 10 model. united and alaska airlines utilise around two—thirds of all the boeing max 9s in flight, and alaska air group reports
the boss of boeing, david calhoun, said he understood the seriousness of the safety questions facinghe company as he was on his way to meet with us senators on wednesday. we believe in our airplanes. we feel they are safe airplanes and our people do, we have confidence in the safety of our airplanes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near—catastrophic alaska airlines incident earlier this month, which saw a cabin panel blow off a...
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Jan 9, 2024
01/24
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that will be led by ceo dave calhoun.age will be beside we have to be doing better at this, but you will have this meeting where the max is build, and stephanie pope, the coo will be there as well. and finally, to take a look at shares for united and alaska, the two airlines had a number of cancelations, and not all of these were max-9 planes, but there's a ripple effect there. we will see more cancelations today, and perhaps they will be closer to getting the max-9s back in service, and they are waiting for the inspection approval, yes, go ahead, and the faa approved the protocol and now it's a question of if they say to do the inspections and you are good to go. >> phil, so we tightened all the bolts on the plug and we looked at it and tightened them all, and does that make the plane safe or is there something else -- does it beg the question, is there something loose somewhere else on such a sophisticated piece of machinery? >> you are getting to the heart of the question that a lot of people will be asking now? look,
that will be led by ceo dave calhoun.age will be beside we have to be doing better at this, but you will have this meeting where the max is build, and stephanie pope, the coo will be there as well. and finally, to take a look at shares for united and alaska, the two airlines had a number of cancelations, and not all of these were max-9 planes, but there's a ripple effect there. we will see more cancelations today, and perhaps they will be closer to getting the max-9s back in service, and they...
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Jan 24, 2024
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new comments from two major customers, both of them speaking to cnbc and nc exclusively now ceo david calhoun is heading to capitol hill. >>> plus ebay joins the ranks of nearly two dozen companies cutting staff in 2024. >>> and later in the show, bill ackman is putting his money where his mouth is in the act of anti-semitism. it's january 24th, 2024. you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide exchange." i'm frank holland. let's get you ready to start your day as always we kick off the hour with a check on u.s. stock futures after a mixed view yesterday, both locking in fresh highs while the dow snapped the streak it looks like the dow would open up 75 points higher, but really we're talking about the nasdaq also asml pushing tin dex higher right now we're going to check behind yields. you see the benchmark coming in at 4.10, and we're also looking at oil this morning, taking a look at wti, trading at 74.75 a barrel, similar for brent crude. we've g ott to add one more to to our morning setup we're talking bitcoin. cryptocurrency looking t
new comments from two major customers, both of them speaking to cnbc and nc exclusively now ceo david calhoun is heading to capitol hill. >>> plus ebay joins the ranks of nearly two dozen companies cutting staff in 2024. >>> and later in the show, bill ackman is putting his money where his mouth is in the act of anti-semitism. it's january 24th, 2024. you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide...
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Jan 25, 2024
01/24
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the boss of boeing, david calhoun, said he understood the seriousness of the safety questions facinghe company as he was on his way to meet with us senators on wednesday. we believe in our aeroplanes. we feel they are safe and our people do, we have confidence in the safety of our planes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near—catastrophic alaska airlines incident earlier this month. it saw a cabin panel blow off a brand—new 737 max 9 jet. since then about 171 max 9 jets have been grounded. mr calhoun did not comment on an anonymous report posted online by someone claiming to work at boeing, calling the aircraft's production process a rambling, shambling disaster waiting to happen. this week united airlines ceo scott kirby called the max nine grounding "the straw that broke the camel's back for us," saying united is considering fleet plans that don't include the latest boeing 737 max 10 model. united and alaska airlines utilise around two—thirds of all boeing max 9s in flight and alaska air group reports their fourth—quarter ea
the boss of boeing, david calhoun, said he understood the seriousness of the safety questions facinghe company as he was on his way to meet with us senators on wednesday. we believe in our aeroplanes. we feel they are safe and our people do, we have confidence in the safety of our planes. the embattled boeing ceo is trying to reassure airlines, regulators and passengers after a near—catastrophic alaska airlines incident earlier this month. it saw a cabin panel blow off a brand—new 737 max 9...
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Jan 24, 2024
01/24
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>> john, the boeing ceo dave calhoun was asked about the report, said no comment and talk to the ntsb. it's not going to fly with lawmakers after the report even more fired up about investigating boeing. >> this is getting pretty crazy. seems a new story every second or third day about a problem with boeing. looks like the cause of the door plug coming out in flight was actually a boeing maintenance problem. so clearly they need to answer some questions and we need to get to the bottom of what's going on in the company. >> mr. calhoun met with senator warner and senator sully can, and tomorrow ted cruz, as boeing tries to save face with washington and regulators. faa is ramping up oversight of boeing. they have moved into boeing 737 max factory and boots on the ground there. faa says moving on from a trust but verify approach to a direction inspection of boeing aircraft and they say they will not leave the factory until they are confident the issues have been resolved. major airlines are losing confidence in boeing. united stepping back from a planned order for the max 10 aircraft, th
>> john, the boeing ceo dave calhoun was asked about the report, said no comment and talk to the ntsb. it's not going to fly with lawmakers after the report even more fired up about investigating boeing. >> this is getting pretty crazy. seems a new story every second or third day about a problem with boeing. looks like the cause of the door plug coming out in flight was actually a boeing maintenance problem. so clearly they need to answer some questions and we need to get to the...
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Jan 31, 2024
01/24
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calhoun.houn opposed a tariff back then designed to help northern manufacturers, and he convinced his home state of south carolina to pass a law nullifying the tariff in their state. well, that did not please president and pantene-american, andrew jackson. president jackson threatened to invade south carolina, so calhoun backed down, and the state repealed the nullification act. jackson never forgave his vice president. when asked about his time in office, jackson replied, "i regret i was unable to hang john c. calhoun." hang his vice president? so trump has no original ideas. [applause] we're cooking along. we're humming. now, abbott says that nullification applies here, because the rush of migrants at the border constitutes an invasion. but that argument was struck down in 1800 by james madison, who, it's worth remembering, wrote the [bleep] constitution. he said, "invasion is an operation of war, and the removal of alien friends has appeared to be no incident to a general state of war." he'
calhoun.houn opposed a tariff back then designed to help northern manufacturers, and he convinced his home state of south carolina to pass a law nullifying the tariff in their state. well, that did not please president and pantene-american, andrew jackson. president jackson threatened to invade south carolina, so calhoun backed down, and the state repealed the nullification act. jackson never forgave his vice president. when asked about his time in office, jackson replied, "i regret i was...
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Jan 12, 2024
01/24
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calhoun: thank you for the question. we have different authorities. it's broader when it comes to protecting whistleblowers within the v.a. for example, they received their authority from the various acts. none of that gives them the authority to investigate general misconduct. the burden that whistleblowers carry to prove their case is quite high. the next panel will be addressing that is they've done historically. but we have the ability to use the policies to make sure that even if they don't reach that threshold of the retaliation case, the senior leaders are not violating policies and going after whistleblowers. rep. kiggans: thank you and my time is up so i will yield to ranking member mervyn for five minutes. rep. mrvan: thank you. the testimony touches on the settlement agreement process. we've heard concerns from individuals that the v.a. was not meeting the terms of the settlement agreements, leaving employees with few resources. to what extent did gao come across this issue during this review and could they look at this issue in their plan
calhoun: thank you for the question. we have different authorities. it's broader when it comes to protecting whistleblowers within the v.a. for example, they received their authority from the various acts. none of that gives them the authority to investigate general misconduct. the burden that whistleblowers carry to prove their case is quite high. the next panel will be addressing that is they've done historically. but we have the ability to use the policies to make sure that even if they...
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Jan 10, 2024
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calhoun, what safeguards have to be missing for an incident like what happened on the alaska airplane to happen? what lapses easter in the manufacturing process or in alaska's process need to happen for this to have taken place? >> well, kelly, i very much appreciate that question. i should mention the transportation secretary buteig, the specific actions we'll have to take to make sure it never happens again will be informed by the data we collect from the inspections. so no airplane will fly. none of the dash 9s will fly with an unsafe condition, that i can promise. all of the work that we have to do in the background and in the quality systems to ensure that it never happens again, that work is ahead of us. but we are committed to do it. >> how did an unsafe airplane fly in the first place? >> because a quality escape occurred. >> can you explain what that means? what is a quality escape? >> i think that's the description of what people are finding in their inspections. anything that could potentially contribute to an accident. >> but something that escaped from the manufacturing p
calhoun, what safeguards have to be missing for an incident like what happened on the alaska airplane to happen? what lapses easter in the manufacturing process or in alaska's process need to happen for this to have taken place? >> well, kelly, i very much appreciate that question. i should mention the transportation secretary buteig, the specific actions we'll have to take to make sure it never happens again will be informed by the data we collect from the inspections. so no airplane...
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Jan 25, 2024
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and boeing ceo dave calhoun was on capitol hill today.portation correspondent, kris van cleave. >> reporter: the gaping hole left after a door panel blew out leading to the grounding of the 737 max-9. now boeing ceo dave calhoun is meeting with senators on capitol hill. >> we fly safe planes. we don't put airplanes in the air we don't have 100% confidence in. >> reporter: the ntsb investigators have honed in on the four bolts that should have held that door in place. an anonymous post alleging to be from a boeing employee saying those four were not installed, raising questions about quality control. cbs confirmed that fuselages arrived in a plant with so many problems that spirit aerosystems assigned a team to be on site to make repairs. ed pearson is a former senior manager turned max whistleblower. would it surprise you to learn bolts weren't put in a door panel? >> not at all. only thing surprising to us, we're thankful it wasn't a fatal crash. >> reporter: in a letter obtained exclusively by cbs news, senator tammy duckworth is demand
and boeing ceo dave calhoun was on capitol hill today.portation correspondent, kris van cleave. >> reporter: the gaping hole left after a door panel blew out leading to the grounding of the 737 max-9. now boeing ceo dave calhoun is meeting with senators on capitol hill. >> we fly safe planes. we don't put airplanes in the air we don't have 100% confidence in. >> reporter: the ntsb investigators have honed in on the four bolts that should have held that door in place. an...
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Jan 26, 2024
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and i think that is what, you know, what dave calhoun and the rest of the boeing people have to do, iserstanding, if you will, making that a kind of personal commitment to rebuilding the quality brand. boeing has been a great company for a long time. they can get this done, but they're going to have to work on it. liz: did you ever experience if something like this when you were ceo? and how did you handle it at that point? >> well, we never had this kind of problem. we operated lots of boeing airplanes, and when we had a problem with those airplanes, i remember in one circumstance is we had a terrible hailstorm, and a lot of the skins of the aircraft were punctured. and boeing found a way to -- [inaudible] them and participated in the repair of those airplanes. and there wasn't a risk problem. so once again i, i don't know, this is a tough chore, but the reality is that we have, we have done that. we collectively as a nation if have built a very fine aviation safety record. we've done it by enlisting all of the people who participate to support that encompassing culture. and i think b
and i think that is what, you know, what dave calhoun and the rest of the boeing people have to do, iserstanding, if you will, making that a kind of personal commitment to rebuilding the quality brand. boeing has been a great company for a long time. they can get this done, but they're going to have to work on it. liz: did you ever experience if something like this when you were ceo? and how did you handle it at that point? >> well, we never had this kind of problem. we operated lots of...
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Jan 10, 2024
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que saco de sus cimientos edificaciones como esta y dano lineas electricas al atravesar el condado de calhounity. >> mas de una veintena de condados en nueva jersey declararon estado de emergencia ante la amenaza de inundaciones extremas. >> equipos de rescate ya estan activados, mientras residentes y duenos de negocios se prepara esta noche. >> y hay que trabajar, si uno no trabaja, como un nieve que trajo una tormenta el fin de semana en combinacion con la lluvia es una de las mayores preocupaciones. >> una tormenta que podria amenazar vidas, dijo la gobernadora de nueva york, recordando que los vientos de mas de 70 millas por hora pueden sentirse con la fuerza de un huracan y provocar la reubicacion de 1,900 personas del centro de ayuda en el floyd bennett field ante las velocidades de viento pronosticadas, dijeron autoridades. >> una intensa nevada en iowa causo la cancelacion de clases en varios distritos. >> las condiciones en carreteras con poca visibilidad causaron accidentes. >> en nebraska al menos uno de ellos fue mortal, al igual que en nuevo mexico. >> algunos condados de kansas
que saco de sus cimientos edificaciones como esta y dano lineas electricas al atravesar el condado de calhounity. >> mas de una veintena de condados en nueva jersey declararon estado de emergencia ante la amenaza de inundaciones extremas. >> equipos de rescate ya estan activados, mientras residentes y duenos de negocios se prepara esta noche. >> y hay que trabajar, si uno no trabaja, como un nieve que trajo una tormenta el fin de semana en combinacion con la lluvia es una de...
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Jan 25, 2024
01/24
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when calhoun got here this morning, he said he's here to talk about transparency e and responsibilityleft that meeting with senator cruz, he didn't answer any of my questions. why won't you say if you'll attend a congressional hearing in. >> [inaudible] >> reporter: is your job on the line? [inaudible conversations] >> reporter: should max if 9s fly again by sunday? so senators cruz and and duckworth did tell us after their meetings it's clear calhoun would attend a hearing if they asked him to testify. cruz says he and others on the commerce if committee want to wait to hold that hearing because they want to see what's in the ntsb's preliminary results of their investigation looking into what caused that plug to fly off the plane mid-air. take a listen to cruz today. do you have concerns about systemic production everybody shoes at boeing? -- issues at boeing? >> possibly. and i do think in approaching this issue we need to be system mat ific, and we need -- systematic, and we need to follow the evidence. the next question is exactly where you went, is there a broader problem that ma
when calhoun got here this morning, he said he's here to talk about transparency e and responsibilityleft that meeting with senator cruz, he didn't answer any of my questions. why won't you say if you'll attend a congressional hearing in. >> [inaudible] >> reporter: is your job on the line? [inaudible conversations] >> reporter: should max if 9s fly again by sunday? so senators cruz and and duckworth did tell us after their meetings it's clear calhoun would attend a hearing if...
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Jan 14, 2024
01/24
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it all has to do now with whether the credibility can be restored with boeing and david calhoun, the ceo. i reached out to management last night and of course they can't discuss an active investigation, however, they are coordinating, they are working with the ntsb as we said. what the challenge is going to be is when the -- david calhoun matches wits with the faa with administrator whitaker. that's where the real thing is going to happen. that's where this battle is going to start and we are just going to have to see what they come out with. my judgment about the boeing aircraft is that we've got issues that are being dealt with, those are all fairly new issues. so i believe that there's something gone wrong in boeing that can be fixed, but it's going to take a herculean effort on both parts and they're going to have to work together and not make this a battle to make sure these things get fixed properly and put back into service and restore the confidence that boeing once had. >> yeah, that will also be a herculean effort, obviously reestablishing that confidence. david soucie, tha
it all has to do now with whether the credibility can be restored with boeing and david calhoun, the ceo. i reached out to management last night and of course they can't discuss an active investigation, however, they are coordinating, they are working with the ntsb as we said. what the challenge is going to be is when the -- david calhoun matches wits with the faa with administrator whitaker. that's where the real thing is going to happen. that's where this battle is going to start and we are...
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Jan 10, 2024
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i want you to listen to what calhoun told boeing employees during the closed-door meeting yesterday.'ve got kids. i've got grandkids. so do you. this stuff matters. everything matters. every detail matters. we are going to approach this, number one, acknowledging our mistake. we are going to approach it with 100% complete transparency every step of the way. >> still a very controlled media message from boeing. one question investigators will ask boeing is whether or not they had previous problems with the door plug, that's the part on the left side of alaska 1282 that shot off with an x elusive bang. this is a door visible from the outside of the plane. what is critical here are the bolts. that essentially keep this part from shooting off. both alaska airlines and united airlines say they discovered loose of alts as they prepare for these faa mandated inspections, united noted possible installation problems. today boeing ceo calhoun said the tolerances on the bolts are measured in millimeters, not centimeters and this unnamed mistake should have never escaped its quality control. >>
i want you to listen to what calhoun told boeing employees during the closed-door meeting yesterday.'ve got kids. i've got grandkids. so do you. this stuff matters. everything matters. every detail matters. we are going to approach this, number one, acknowledging our mistake. we are going to approach it with 100% complete transparency every step of the way. >> still a very controlled media message from boeing. one question investigators will ask boeing is whether or not they had previous...
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Jan 11, 2024
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calhoun, i will start with you or you can pass the baton if someone else is more appropriate. what would you say? does the va have the tools to effectively discipline and if necessary terminate employees in situations like the one i described? >> thank you, congressman, for the question. i do not know the full circle dances. i believe the individual you are referring to was outside of our investigative authority so i have limited knowledge on that are covered same previous testimony i have heard them say they do have the tools they need to take appropriate action in this case. but i don't have enough information to discuss the specific. >> if you could follow-up, that would be much appreciated. if the answer is no, you don't have the tools that you need, we want to make sure we equip you with the tools that you need to make sure situations like this do not develop in other facilities. the whistleblowers that i spoke with our understandably frustrated with the situation and they expressed to me something that i found even more alarming which is kind of a hopelessness. they had
calhoun, i will start with you or you can pass the baton if someone else is more appropriate. what would you say? does the va have the tools to effectively discipline and if necessary terminate employees in situations like the one i described? >> thank you, congressman, for the question. i do not know the full circle dances. i believe the individual you are referring to was outside of our investigative authority so i have limited knowledge on that are covered same previous testimony i...
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Jan 10, 2024
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during a safety meeting on tuesday, dave calhoun addressed all of boeing's employees, the first time we've heard him speak publicly since the terrifying incident involving one of their 737 max 9 jets. calhoun describing the moment he saw the image of the hole for the first time. >> i didn't know what happened to whoever was supposed to be in that seat next to that hole in the airplane. i got kids, i got grandkids, and so do you. this stuff matters. everything matters. every detail matters. >> this comes as investigators have turned their attention to the four bolts designed to hold the part that ripped off in place. the ntsb stating that they cannot say for sure if the bolts were ever there to begin with. joining us now is the chair of the national transportation safety board, jennifer homedy. thank you very much for being with us. it is not clear yet what the mistake is that dave calhoun is talk about and i wonder if you know, does the ntsb know? >> i have a lot of questions on that statement. we don't know. we've been very focused on the door plug and on the surrounding structure,
during a safety meeting on tuesday, dave calhoun addressed all of boeing's employees, the first time we've heard him speak publicly since the terrifying incident involving one of their 737 max 9 jets. calhoun describing the moment he saw the image of the hole for the first time. >> i didn't know what happened to whoever was supposed to be in that seat next to that hole in the airplane. i got kids, i got grandkids, and so do you. this stuff matters. everything matters. every detail...
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Jan 25, 2024
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calhoun, what is your message to passengers concerned about flying on airplanes? >> we fly safe planes. we don't put airplanes in the other we don't have 100% confidence in. i am here in the spirit of transparency to recognize the seriousness of what you asks. to share everything i can with our capitol hill interest and answer all their questions. they have a lot of them. >> plenty of questions also tomorrow. the ceo will meet with various senators. >>> it is coming, a high-speed rail project. the transportation department just approved $2.5 billion in bond money for the new line. it is estimated to be a $12 billion project. when it is on the right will take about two hours, half the time it takes to drive. politicians say they are excited and expect the rail to help reduce traffic and boost nevada's tourism economy. speaking of high-speed rail, we are getting a first look inside the california bullet train. the california high-speed rail authority showed off mockups in sacramento. we are learning the trains may include a play area for children and tiered seating
calhoun, what is your message to passengers concerned about flying on airplanes? >> we fly safe planes. we don't put airplanes in the other we don't have 100% confidence in. i am here in the spirit of transparency to recognize the seriousness of what you asks. to share everything i can with our capitol hill interest and answer all their questions. they have a lot of them. >> plenty of questions also tomorrow. the ceo will meet with various senators. >>> it is coming, a...
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Jan 31, 2024
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don't miss an exclusive interview with dave calhoun in the next hour on "squawk on the street."r this hour with a boeing analyst. in other news, a delaware judge voigting elon musk's $56 billion tesla pay package ruling the company's board failed to prove it was fair or that board members even negotiated with musk. the judge noting the pay scheme granted in 2018 was largest in history of public companies. shshareholders weren't happy, including the one who brought the lawsuit. current lawsuit, against musk. he may appeal the decision to the delaware supreme court. like many other companies tesla is iran torpted in delaware. following the ruling musk post add poll on x asking followers if tesla should move that incorporation to texas. >>> and media mowing's bidding $30 billion for all outstanding shares of cbs paramount global. the $30 billion includes outstanding debt. in a statement allen media group believes its bid should be taken seriously and pursued. changes in the entertainment business shares the family that controls paramount to consider offers. >>> another stock to wat
don't miss an exclusive interview with dave calhoun in the next hour on "squawk on the street."r this hour with a boeing analyst. in other news, a delaware judge voigting elon musk's $56 billion tesla pay package ruling the company's board failed to prove it was fair or that board members even negotiated with musk. the judge noting the pay scheme granted in 2018 was largest in history of public companies. shshareholders weren't happy, including the one who brought the lawsuit. current...
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Jan 11, 2024
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to demonstrate that. >> reporter: five years after two max 8 crashes killed 346 people overseas, ceo calhoun says the company's reputation is on the line. >> it's serious-serious. it's a safety incident, and nobody is going to live with that, period. >> reporter: united and alaska airlines are still waiting for inspection guidance from boeing and the faa, likely to take several hours per plane. for now all max 9 flights remain grounded alaska says at least through saturday. >> thanks. >>> in 60 seconds, the alarming high-profile cases of s.w.a.t.'ing, the fake emergency calls drawing police to the homes of well-known officials. what's being done and the concerns the calls could spark real violence right after this. with my psoriatic arthritis symptoms. but just ok isn't ok. and i was done settling. if you still have symptoms after a tnf blocker like humira or enbrel, rinvoq is different and may help. rinvoq is a once-daily pill that can rapidly relieve joint pain, stiffness, and swelling in ra and psa. relieve fatigue for some... and stop joint damage. and in psa, can leave skin clear or alm
to demonstrate that. >> reporter: five years after two max 8 crashes killed 346 people overseas, ceo calhoun says the company's reputation is on the line. >> it's serious-serious. it's a safety incident, and nobody is going to live with that, period. >> reporter: united and alaska airlines are still waiting for inspection guidance from boeing and the faa, likely to take several hours per plane. for now all max 9 flights remain grounded alaska says at least through saturday....
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Jan 26, 2024
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senators say calhoun, we'll have to answer more questions from the commerce committee. a public hearing the planes are returning to service, but now the faa is putting limits on boeing's mass production of 7.37. max jets. other airlines are now counting on adding the max 7 to their fleet this year. they're not counting on that. congress is asking legislation they want legislation to hold boeing accountable >> they're a broader problem that makes likely that there will be other safety issues on other planes. don't think we know enough now. >> the national transportation safety board is actively investigating the accident to figure out exactly what caused the door to blow off. no word yet on a date scheduled for the public hearings with boeing's ceo. >> levi's is laying off 10 to 15% of its workforce. the denim giant, which is based in san francisco, says the layoffs are part of a two-year restructuring plan that cut costs and simplify operations. levi's also announcing today its net revenue in the last quarter of 2023. was 1.6, 4 billion dollars which was below analysts.
senators say calhoun, we'll have to answer more questions from the commerce committee. a public hearing the planes are returning to service, but now the faa is putting limits on boeing's mass production of 7.37. max jets. other airlines are now counting on adding the max 7 to their fleet this year. they're not counting on that. congress is asking legislation they want legislation to hold boeing accountable >> they're a broader problem that makes likely that there will be other safety...
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Jan 10, 2024
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here's the issue as you mentioned -- calhoun did not exactly say what the mistake is. you hear ntsb chair jennifer homendy say this morning that she wants to talk to boeing's ceo but they have not spoken yet. one question investigators will ask boeing is whether or not they had any previous problems with the door plug, that is the part of the left side of alaska 1282 that shot off with an explosive bang on friday at 16,000 feet. remember, this is a door that's visible from the outside of the plane. normal window, wall, and seats inside the plane. what is critical here are the bolts that essentially keep this part from shooting off. both alaska airlines and united airlines say they've discovered loose bolts as they prepare for these faa-mandated inspections. united noted possible installation problems. want you to listen to now part of this company-provided excerpt from boeing's all-hands safety meeting held yesterday and ceo dave calhoun told employees that boeing will be a huge part of this investigation. >> i got kids, i got grandkids, and so do you. this stuff matte
here's the issue as you mentioned -- calhoun did not exactly say what the mistake is. you hear ntsb chair jennifer homendy say this morning that she wants to talk to boeing's ceo but they have not spoken yet. one question investigators will ask boeing is whether or not they had any previous problems with the door plug, that is the part of the left side of alaska 1282 that shot off with an explosive bang on friday at 16,000 feet. remember, this is a door that's visible from the outside of the...
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Jan 10, 2024
01/24
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ceo dave calhoun made the comments during a town hall staff meeting on tuesday, all boeing 737 max 9s being used by u.s. airlines, 171, are grounded until they pass a federally approved inspection. >> cnbc reporter phil lebeau was if washington state at the factory where boeing actually makes those 737 max 9 planes. the max plane involved here is actually pretty new, certified back in november, you spoke with boeing's ceo. >> reporter: they're trying to figure out what fuselage plug, the door plug to be sucked off the alaska airlines flight on friday night. dave calhoun is not wasting time saying we need to learn from this and make sure it doesn't happen again and how we can improve in the future. >> this one is a horrible escape. a horrible escape and we'll talk this one the same way. engineer answers and be certain it can never happen again, whatever information we get or glean we'll look everywhere around the spirit factories, our own factories and we'll make sure that we take steps to ensure that it can never happen again. >> reporter: part of determining what might have happened
ceo dave calhoun made the comments during a town hall staff meeting on tuesday, all boeing 737 max 9s being used by u.s. airlines, 171, are grounded until they pass a federally approved inspection. >> cnbc reporter phil lebeau was if washington state at the factory where boeing actually makes those 737 max 9 planes. the max plane involved here is actually pretty new, certified back in november, you spoke with boeing's ceo. >> reporter: they're trying to figure out what fuselage...
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Jan 17, 2024
01/24
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also happening today, boeing's ceo dave calhoun addressing spirit aerosystem employees at a town hallor more >> tyler, that town hall meeting has just wrapped up. dave calhoun, along with pat shanahan, ceo of spirit aerosystems, addressing employees there in wichita, kansas this similar to what we saw from boeing's town hall last week the idea here is to say to the workers there, we've got to do better you cannot have these kind of quality escapes that lead to this kind of a situation by the way, spirit aero, the quality controls there have been in question for some time over the last couple of years this is not the first issue that has popped up. with regard to this issue, when it comes to the 737 max 9, as you mentioned, 40 inspections of grounded max 9s have been completed. the cdata is being analyzed by the faa. when we see these planes return to service, when the faa gives instructions in terms of this is what you need to check for remains to be seen two airlines are eager to get these planes back in the air, united and alaska. for united, its 79 max 9 planes are grounded look at
also happening today, boeing's ceo dave calhoun addressing spirit aerosystem employees at a town hallor more >> tyler, that town hall meeting has just wrapped up. dave calhoun, along with pat shanahan, ceo of spirit aerosystems, addressing employees there in wichita, kansas this similar to what we saw from boeing's town hall last week the idea here is to say to the workers there, we've got to do better you cannot have these kind of quality escapes that lead to this kind of a situation by...
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Jan 11, 2024
01/24
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calhoun is now facing a second max crisis.became ceo in the wake of the initial grounding of the 737 max after two deadly crashes linked to a design flaw killed 346 people. >> they need to be safe, reliable, and built to the specifications with the reliability. >> reporter: airline industry analyst henry harteveldt says it is more than rebuilding credibility with the airlines. >> if the public doesn't trust boeing, they will eventually start to avoid boeing planes and the airlines that fly them. >> reporter: with the max 9 grounded, alaska has canceled more than a thousand flights, including during the upcoming holiday weekend. 807 more so far at united. investigators are focusing on bolts holding the door panel in place. bolts, so far, they can't find. >> no aircraft is going to return to service until faa has determined that it is safe. >> reporter: transportation secretary pete buttigieg. >> our concern and our fidelity is not to the success of any company. it is to the safety of the traveling public. >> reporter: now this
calhoun is now facing a second max crisis.became ceo in the wake of the initial grounding of the 737 max after two deadly crashes linked to a design flaw killed 346 people. >> they need to be safe, reliable, and built to the specifications with the reliability. >> reporter: airline industry analyst henry harteveldt says it is more than rebuilding credibility with the airlines. >> if the public doesn't trust boeing, they will eventually start to avoid boeing planes and the...
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Jan 24, 2024
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now boeing ceo dave calhoun is meeting with senators on capitol hill. >> we fly safe planes.don't put airplanes in the air that we don't have 100% confidence in. >> reporter: ntsb investigators have honed in on the forecourt and on my door both that should have held that% in place. an anonymous post appearing from a boeing employee alleges boeing's own records show these four bolts were not installed, raising more questions about quality control. cbs news has confirmed 737 fuselages arrived at boeing's washington plant, so many problems, manufacture assigned teams to make repairs. ed pierson as a whistle-blower. would it surprise you to learn bolts weren't put in a door panel? >> not at all. the only thing surprising to us as we are so thankful it wasn't a fatal crash. >> reporter: in a letter obtained exclusively by cbs news, senator tammy duckworth is demanding the faa decline bo boeing's. >> it is such a bold face attempt for profit over the safety of the flying public. it astonishes me that they would do that. >> reporter: tomorrow, boeing will pause production of a 737 f
now boeing ceo dave calhoun is meeting with senators on capitol hill. >> we fly safe planes.don't put airplanes in the air that we don't have 100% confidence in. >> reporter: ntsb investigators have honed in on the forecourt and on my door both that should have held that% in place. an anonymous post appearing from a boeing employee alleges boeing's own records show these four bolts were not installed, raising more questions about quality control. cbs news has confirmed 737 fuselages...