AP | THE WORLD
Updated Monday, March 25, 2024-13:35
Boeing CEO Dave Calhoun will step down as head of the embattled planemaker by the end of the year after a series of setbacks at one of America's most prominent companies.
Board Chairman Larry Kellner has also told the company that he does not plan to run for re-election.
In January, the United States air regulator, the
Federal Aviation Administration
(FAA), opened an investigation into Boeing with an Alaska Airlines
737-9 (MAX)
, from which part of the fuselage detached in mid-flight.
Previously, the US Government had ordered the immobilization of all Boeing 737-9 (MAX) aircraft "until they are safe."