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Oct 30, 2019
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this has completely been dennis mullenberg yesterday and today on capitol hill. >> the reason i ask you question the way i do is because we posed it to you in a few different ways over the last 24 hours. >> yes. >> and you have said that there is no way that they're not going to do anything about his position now, given all the flux in the max. >> sure, right. >> they have to get the max back in the air first that's why i ask you the way you do once it gets back in the air, you can have a serious conversation about whether this gentleman can run this company or not. >> you're absolutely right and in regards to that conversation we had yesterday, scott, i have been asked by people, do you think dennis mullenberg will get fired? i have no indication that he is going to be fired. but i can tell you this, they do not want to add more uncertainty into the mix of everything that's going on. look, they just replaced the head of commercial airplanes last week. they have got so many balls in the air and so much uncertainty they have got investigations and the doj investigating that changing the
this has completely been dennis mullenberg yesterday and today on capitol hill. >> the reason i ask you question the way i do is because we posed it to you in a few different ways over the last 24 hours. >> yes. >> and you have said that there is no way that they're not going to do anything about his position now, given all the flux in the max. >> sure, right. >> they have to get the max back in the air first that's why i ask you the way you do once it gets back in...
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Oct 14, 2019
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what does this mean for dennis mullenberg's future six months from now that's an entirely separate questionhe feeling that they want to make a wholesale change in leadership at this point. >> right fim, thank you . >>> our next guest says boeing move is too little too late. he wrote an op-ed calling for mullenberg to step down completely let's bring in ernie arvai do you think this was the precursor to dennis being booted and somebody else taking over? >> i think it may be it makes the job easier, splitting the chairmanship, from the ceo, which most companies do anyway from the standpoint of governance, so i think that's probably long overdue at boeing. but it also makes it easier for calhoun and the board at some point, should the max not come back on a timely basis, to make that decision down the road. i think right now the focus of the company and certainly the focus of kevin mcallister, ceo at bca, is to work with their customers during this crisis mullenberg has become point man for the company on the issue so it's his baby >> you wrote before, and i believe this was at least a couple
what does this mean for dennis mullenberg's future six months from now that's an entirely separate questionhe feeling that they want to make a wholesale change in leadership at this point. >> right fim, thank you . >>> our next guest says boeing move is too little too late. he wrote an op-ed calling for mullenberg to step down completely let's bring in ernie arvai do you think this was the precursor to dennis being booted and somebody else taking over? >> i think it may be...
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Oct 18, 2019
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which raises the bigger question when dennis mullenberg goes to capitol hill now for two days, october 29th and october 30th, will this chief technical pilot be subpoenaed by some of these committees hey, we want you to testify as well we want to know who you told and why they didn't bring this further up the food chain in terms of alerting everybody that there is an issue with mcas? so i wouldn't be surprised if you find out at some point when they announce who is going to be appearing at this hearing that the chief technical pilot will be there or will there also be boeing board members? and the reason i bring this up, kelly, is because long ago, me and other reporters, we continually asked this question to boeing. why don't you bring in an outside investigator why don't you bring in somebody? and they can say we're going to do a full cleansing of what happened with the max. i say at least that sway, you cn say we have someone independent looking at this. time and time again, boeing said, nope we have the right people to look into this. well, if that's the case and if this document w
which raises the bigger question when dennis mullenberg goes to capitol hill now for two days, october 29th and october 30th, will this chief technical pilot be subpoenaed by some of these committees hey, we want you to testify as well we want to know who you told and why they didn't bring this further up the food chain in terms of alerting everybody that there is an issue with mcas? so i wouldn't be surprised if you find out at some point when they announce who is going to be appearing at this...
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Oct 31, 2019
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and if we do believe that dennis mullenberg is not the person, when do we make that switch?ntil the max gets up if you do it soon, that adds another element of uncertainty into this entire process it's critical. the next couple months are critical >> to keep somebody that they clearly have all kinds of issues with, try and bring in someone new, either way seems like a path that is fraught with potential risks along the way. >> right i think their main focus, guys, right now, get the plane certified. get the plane certified. then you can go back and say, okay, if we don't think dennis mullenberg is the person to run this company, let's make the change then. now, theoretically, they could do it now. i mean, you saw that -- he was hit hard, very hard yesterday. you know the board was watching and they saw everything that went down on capitol hill the last couple of days. >> phil, thank you it's good to see you >> you bet >> when we return, we've got reaction to apple earnings and iphone sales expectations. what the analysts are saying this morning and how the street is reacting
and if we do believe that dennis mullenberg is not the person, when do we make that switch?ntil the max gets up if you do it soon, that adds another element of uncertainty into this entire process it's critical. the next couple months are critical >> to keep somebody that they clearly have all kinds of issues with, try and bring in someone new, either way seems like a path that is fraught with potential risks along the way. >> right i think their main focus, guys, right now, get the...
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Oct 23, 2019
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obviously left replaced by stan deel who is a well respected head of boeing services and now dennis mullenberg the ceo has an answer when he testified in front of congress next week as to what, if anything, boeing is actually doing. he has something to point to. >> phil, you agree with that >> i do. i do we increasingly heard people saying who is being held accountable here because prior to kevin mcallister being relieved and being shown the door, nobody had been fired nobody had been put out there as, look, these guys were in charge of this and they messed up and they have to go so this does give dennis mullenberg something he can point to on capitol hill but beyond that, it also is a chance for the board to say we are holding people accountable for what went wrong. >> yeah. and we'll see if that is effective in terms of what congress is looking for. but also obviously for the stock today maybe trying to hang on to these levels thank you both appreciate it. phil lebeau and david gellis from boeing to chipotle now. up more than 80% but shares are down about 4 1/2% today despite their big earni
obviously left replaced by stan deel who is a well respected head of boeing services and now dennis mullenberg the ceo has an answer when he testified in front of congress next week as to what, if anything, boeing is actually doing. he has something to point to. >> phil, you agree with that >> i do. i do we increasingly heard people saying who is being held accountable here because prior to kevin mcallister being relieved and being shown the door, nobody had been fired nobody had...
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Oct 14, 2019
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>> it means that dennis mullenberg will focus on the day-to-day operations of the company.an of the company. for dennis muilenburg, it means all of his attention -- the board has sent a very clear message. you focus on the day-to-day operations specifically on the max. we'll worry about the broader direction of the company they are now going to be led by a boeing director, a lead director, david calhoun. he becomes the non-executive chairman who is he? he has been adirector since 2009 he is a blackrock senior managing director. also on the board of caterpillar. briefly served as chairman of caterpillar. he has vast experience in terms of industrial company. many years of experience at ge including a stint running ge aircraft engines for dennis mule lenberg, he will focus on getting the max back in service by the end of the year they are sticking with the guidance to have the 737 max return to service in some countries and some regions by the end of the year. he will be testifying on capitol hill on october 30th before then we will hear from him when boeing reports earnings
>> it means that dennis mullenberg will focus on the day-to-day operations of the company.an of the company. for dennis muilenburg, it means all of his attention -- the board has sent a very clear message. you focus on the day-to-day operations specifically on the max. we'll worry about the broader direction of the company they are now going to be led by a boeing director, a lead director, david calhoun. he becomes the non-executive chairman who is he? he has been adirector since 2009 he...
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Oct 14, 2019
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you know, jeff, boeing also had ejected its ceo dennis mullenberg from the chairmanship.s the ceo title; right? >> they say he has the full confidence of the board but this is clearly a move that's weakened dennis mullenberg who is 55 years old and until on friday was both chairman and ceo. the new chairman is a man named david calhoun. if you follow the blackstone group, you know the 62-year-old calhoun is the senior managing director at blackstone. he's the former vice chair of ge and ran ge's airplane engine business during 9/11. so he's been through a crisis or two. he is also the turnaround ceo at nielsen, the ratings company. he's described as intelligent, pragmatic and disciplined. now this is a high-profile board that boeing has. caroline kennedy is a member of the board. nikki haley recently added to the board. lots of other high-profile folks, b they have seemed to have stripped dennis mull enburg of his title as chairman of the board. the southwest pilots that you mentioned earlier they are currently suing boeing for 100 million dollars in lost wages because th
you know, jeff, boeing also had ejected its ceo dennis mullenberg from the chairmanship.s the ceo title; right? >> they say he has the full confidence of the board but this is clearly a move that's weakened dennis mullenberg who is 55 years old and until on friday was both chairman and ceo. the new chairman is a man named david calhoun. if you follow the blackstone group, you know the 62-year-old calhoun is the senior managing director at blackstone. he's the former vice chair of ge and...
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Oct 29, 2019
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before the committee is boeing's president and ceo dennis mullenberg and vice president and chief engineer john hamilton. at 10:00 a.m.sday eastern on c-span
before the committee is boeing's president and ceo dennis mullenberg and vice president and chief engineer john hamilton. at 10:00 a.m.sday eastern on c-span
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Oct 14, 2019
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morgan, this was a decision at the boeing board of director made on friday they met without dennis mull mullenberglhoun would step into the role of nonexecutive chairman he's been a director at boeing since 2009 he is also on the board of caterpillar and he's got vast experience when it comes to industrials. a number of jobs at ge over the years including being the former head of ge aircraft engines. in announcing the move, calhoun said in a statement the board has full confidence in dennis's ceo and believes this dwig ivis of labor will enable maximum focus on running the business. we've talked about this for some time for dennis mullenberg the fourth quarter is crunch time he's going to testify oncapito hill on october 30 he is sticking by the guidance they put out, they expect to have the 737 max returned to service this quarter which means they basically have what 10 weeks in order for that to happen and also next week they will be reporting q 2 earnings and th -- q3 earnings and that is likely the first time we will hear since he will not be chairman, that he'll strictly be ceo. >> phil, mean
morgan, this was a decision at the boeing board of director made on friday they met without dennis mull mullenberglhoun would step into the role of nonexecutive chairman he's been a director at boeing since 2009 he is also on the board of caterpillar and he's got vast experience when it comes to industrials. a number of jobs at ge over the years including being the former head of ge aircraft engines. in announcing the move, calhoun said in a statement the board has full confidence in dennis's...
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Oct 1, 2019
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and y can bet they'll bring this up when they question dennis mullenberg in washington, d.c.. >>his is the start of the fourth quarter. boeing hoped the 737 max could return to service. yes, no? >> they have a lot of hurdles they have to clear. they have to do a recertification flight i get no indication that's going to be happening any time soon. en they have to ask for the regular t lighters to approve the max going back into service. then they have to prepare all these grounded max planes. just can't flip a switch. that's going to take anywhere from 20 to 40 days. a lot of things have to appen if the max is going to fly by the end of the year. >> you're a busy guy these days. you have a huge strike on your radar? >> they're still talking. re everyone says they're making progress. i get no sense we'll see a deal coming any time soon. the uaw workers have been without work they've been two weeks without work they missed a paycheck on friday. they're now eligible for strike payments from the uaw. that am coulds out to 250 a week as they start too get those this week. that will
and y can bet they'll bring this up when they question dennis mullenberg in washington, d.c.. >>his is the start of the fourth quarter. boeing hoped the 737 max could return to service. yes, no? >> they have a lot of hurdles they have to clear. they have to do a recertification flight i get no indication that's going to be happening any time soon. en they have to ask for the regular t lighters to approve the max going back into service. then they have to prepare all these grounded...
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Oct 30, 2019
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dennis mullenberg. >> you've not told us the whole truth, and these families are suffering because ofmembers of those families were sitting just behind the boeing chief. and at the committee's request, stood with pictures of their loved ones. >> we are sorry, deeply and truly sorry. i think about you and your loved ones every day. >> reporter: mullenberg admitted mistakes were made, but west virginia republican shelley moore capito wanted to know why the 737-max wasn't grounded after the first crash in indonesia one year ago today. >> i think about that decision over and over every day. and if we knew everything back then that we know now, we would have made a different decision. >> reporter: but some at boeing may hano had flaws nearly two years before the first crash. messages show two test pilots complaining about the flight control system known as mcas, one calling it egregious, saying, it's running rampant in that system was linked to both deadly crashes. mullenberg acknowledged knowing about the messages months before the second max crash, but says he only recently learned the d
dennis mullenberg. >> you've not told us the whole truth, and these families are suffering because ofmembers of those families were sitting just behind the boeing chief. and at the committee's request, stood with pictures of their loved ones. >> we are sorry, deeply and truly sorry. i think about you and your loved ones every day. >> reporter: mullenberg admitted mistakes were made, but west virginia republican shelley moore capito wanted to know why the 737-max wasn't...
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Oct 30, 2019
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. >> boeing ceo dennis mullenberg back on the hill for a second day of questioning phil lebeau caught before going into the hearing room >> that hearing has just begun he has not yet addressed the house committee. i did have a few moments to catch up with him. >> senator duckworth was straight forward in saying you lied to her, you and your company lied to her. what's your action >> i have a great deal respect for senator duckworth, veteran, i've known her for a very long time -- >> did you lie to her? >> we took her feedback and we'll make sure shoe she has all the information she's looking for. >> reporter: when they say have you not been forth right, what do you say to them >> we've done our best to bring forward the data, be very transpare transparent. >> there are more than a few senators and today representatives who think they have not done new. they're coming out guns ablazing there th is representative peter defazio. >> i talked to a lot of pissed off pilots we are the backup system how do they think we can be backup when we don't know something is going to take over our plan
. >> boeing ceo dennis mullenberg back on the hill for a second day of questioning phil lebeau caught before going into the hearing room >> that hearing has just begun he has not yet addressed the house committee. i did have a few moments to catch up with him. >> senator duckworth was straight forward in saying you lied to her, you and your company lied to her. what's your action >> i have a great deal respect for senator duckworth, veteran, i've known her for a very...
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Oct 29, 2019
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before the committee is boeing's president and ceo dennis mullenberg and vice president and chief engineer john hamilton. at 10:00 a.m.sday eastern on c-span 3, online c-span.org or listen live c-spanr you are with the radio app. >> go shopping and see what's c-spanilable at the online store including our all t-shirts.gn 2020 c-spanstores.org. colorado senator and 2020 presidential candidate michael bennett was in new hampshire for politics and breakfast hosted by the new hampshire institute of politics and new england council. the democratic lawmaker spoke his tax proposal, his views on bipartisanship and the inquiryimpeachment against president trump. thanks for being here. thank you, nice to be here. >> i am looking forward to voting for you. >> thank you very much. good to be here. >> thank you so much. >> nice to see you, too. thank you for being here. appreciate it. how are you? good to see you. tell him i said hello. he is a great guy. i heard you guys were here before anyone else. be.e try to >> nice to see you again. how are you? there ago. -- there we go. >> one more. 1, 2, 3. >>
before the committee is boeing's president and ceo dennis mullenberg and vice president and chief engineer john hamilton. at 10:00 a.m.sday eastern on c-span 3, online c-span.org or listen live c-spanr you are with the radio app. >> go shopping and see what's c-spanilable at the online store including our all t-shirts.gn 2020 c-spanstores.org. colorado senator and 2020 presidential candidate michael bennett was in new hampshire for politics and breakfast hosted by the new hampshire...
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Oct 30, 2019
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dennis mullenberg appeared before the senate yesterday trying to salvage the company's reputation.ohnson & johnson said lab tests showed no signs of as best owes asbestos in recalled baby powder. they are face nearly 17,000 lawsuits claiming asbestos gave people cancer. and overcoming a lackluster european market. net knock n spain's large eths bank fell 75% in the third quarter. it is a different picture in the mericas with brazil and mexico contributing to the group's profit. the crisis in lebanon is growing. the nation's prime minister has resigned following a day of violence. now calls for mounting for beirut to impose capital control and prevent a run on the banks. they have been closed since the start of the uprising two weeks ago and only plan to reopen when the situation stabilizes. a bill sanctioning turkey would hit the leaders and financial firms. the bill passed the house with a veto-proof majority. it reflects the widespread outrage over president trump's policy in syria. and california is in the midst of another rounched blackouts as some of the season's strongest win
dennis mullenberg appeared before the senate yesterday trying to salvage the company's reputation.ohnson & johnson said lab tests showed no signs of as best owes asbestos in recalled baby powder. they are face nearly 17,000 lawsuits claiming asbestos gave people cancer. and overcoming a lackluster european market. net knock n spain's large eths bank fell 75% in the third quarter. it is a different picture in the mericas with brazil and mexico contributing to the group's profit. the crisis...
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Oct 21, 2019
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boeing shares down again this morning as questions continue to swirl around ceo dennis mullenberg the had its worst day in almost two and a half years. it's down again this morning in the premarket. joining us for more on all this is ryan epstein. seth caplan is also joining us good morning to both of you. you're here, so i'll start with you. >> sure. >> there's a bit of a debate, a, what was even said on friday about the 737 max and what this test pilot was saying, whether they were referring to the plane itself being a problem or referring to the simulator being a problem. that's some of what we're hearing in terms of nuance does it even matter in this case >> not so much because it raises uncertainty, right there's been a ton of uncertainty around the certification of the airplane, what went on in the background and raises that uncertainty. >> you have an issue where this information was provided to the government but not the faa in terms of department of justice and others but not to the faa. what does the faa do as a result of this? do you think they slow down materially >> i thi
boeing shares down again this morning as questions continue to swirl around ceo dennis mullenberg the had its worst day in almost two and a half years. it's down again this morning in the premarket. joining us for more on all this is ryan epstein. seth caplan is also joining us good morning to both of you. you're here, so i'll start with you. >> sure. >> there's a bit of a debate, a, what was even said on friday about the 737 max and what this test pilot was saying, whether they...
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Oct 29, 2019
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maria: dennis mullenberg is going to testify tomorrow. where the most important issues are to probe. >> we've got to find out what in our purview, what in the regulatory process made the system harder to protect the safety. that's everyone's shared goal. here we are on the one year anniversary of the lion air crash. we've seen the report come out of indonesia. they recognized a number of problems. some in terms of changes made during the approval process and some in terms of outdated regulations that we can play a role in fixing here on capitol hill. maria: what role did the faa play? did the faa -- was it not aware of the readiness of the jets? >> well, we haven't had an opportunity to question the faa officials from the obama administration when this process was going on. but what we do know is that it's a very fluid process and this m-cast system that's gotten so much aa tension, it was originally approved for one purpose and then it was changed to try to achieve some different goals. that was not scrutinized as carefully as it should
maria: dennis mullenberg is going to testify tomorrow. where the most important issues are to probe. >> we've got to find out what in our purview, what in the regulatory process made the system harder to protect the safety. that's everyone's shared goal. here we are on the one year anniversary of the lion air crash. we've seen the report come out of indonesia. they recognized a number of problems. some in terms of changes made during the approval process and some in terms of outdated...
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Oct 29, 2019
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denn dennis mullenberg will testify. he is joined by a witness who will provide technical expertise. robert somwalt and chris hart. chairman somwalt oversees the ntsb which recently released recommendations regarding the max 8 certifications. the jetr has submitted recommendations to the faa. he is a private citizen today who agreed to lead the jetr. we have many concerns that boeing should address today. we need to know if boeing and the faa rushed to certify the max. in particular, critics have focused on the mcast development and testing. boeing has been criticized with the communication with the faa, particularly after the system was modified to activate at lower air speeds. the jetr also criticized the faa for relying on outdated regulations, guidance and certification procedures and foiling to incorporate realistic human everybody into his assumptions. boeing and faa's assumptions were called into question about pilot reaction during mcast activation. these questions were specially important for stressful situation
denn dennis mullenberg will testify. he is joined by a witness who will provide technical expertise. robert somwalt and chris hart. chairman somwalt oversees the ntsb which recently released recommendations regarding the max 8 certifications. the jetr has submitted recommendations to the faa. he is a private citizen today who agreed to lead the jetr. we have many concerns that boeing should address today. we need to know if boeing and the faa rushed to certify the max. in particular, critics...
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Oct 30, 2019
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>>> boeing's ceo dennis muilenburg will be back on capitol hill after being grilled by senators and confronted by grieving them members. more than a dozen of them sat behind mullenberg loved ones they lost in the crashes. rene marsh is live with more. this was contentious. >> it certainly was. and when you saw the images of family holding photos of the victims, family members who were killed by simply boarding an american-made passenger plane it really puts this story all in perspective. it was the image that the ceo saw, the boeing ceo saw when he walked into that senate room to testify. and as expected, lawmakers hammered him for pushing its 737 max passenger plane through the certification process despite laws with the system. take a listen to lawmakers yesterday. >> you're the ceo, the buck stops with you. did you read this document? and how did your team not put it in front of you, run in with their hair on fire saying we got a real problem here? >> i've got to tell you, and i think i told you guys in this office some time ago, i would walk before i would get on a 737 max. i would walk. >> this is my frustration. boeing has not told the whole truth to the commi
>>> boeing's ceo dennis muilenburg will be back on capitol hill after being grilled by senators and confronted by grieving them members. more than a dozen of them sat behind mullenberg loved ones they lost in the crashes. rene marsh is live with more. this was contentious. >> it certainly was. and when you saw the images of family holding photos of the victims, family members who were killed by simply boarding an american-made passenger plane it really puts this story all in...