Welcome to Extreme Investor Network, where we bring you the latest updates and insights in the world of business news. Today, we are diving into the controversy surrounding Boeing and its CEO Dave Calhoun as they face questions from the Senate Permanent Subcommittee on Investigations.
Boeing’s 737 Max plane has been at the center of scrutiny following two deadly crashes in 2018 and 2019. Recently, a door plug blew out of one of Boeing’s new 737 Max planes during a flight with Alaska Airlines, sparking further concerns about the company’s quality control.
In a recent development, whistleblower Sam Salehpour raised alarming allegations about Boeing putting excessive stress on airplane joints, potentially reducing the planes’ lifespans. This comes on the heels of new whistleblower claims from Boeing quality assurance investigator Sam Mohawk, who alleges that the company lost track of damaged or subpar parts that may have been installed on 737 Max planes.
As the pressure mounts, Boeing announced that CEO Dave Calhoun will step down from his position before the end of the year. These developments raise important questions about Boeing’s practices and how they may impact the future of the aerospace industry.
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