20.7 C
Washington

Pete Buttigieg says Boeing will face ‘enormous’ scrutiny from FAA as DOJ starts criminal investigation after Alaska Airlines blowout

Date:

Share:



US Transportation Secretary Pete Buttigieg said the Federal Aviation Administration will rigorously assess The Boeing Co. after the blowout of a fuselage section on an Alaska Airlines flight in January.

To maintain airline safety, “that means an enormous amount of rigor in dealing with Boeing, in dealing with any regulatory issue,” Buttigieg said on Fox News Sunday. “And that’s exactly what the FAA is doing.”

Boeing has faced scrutiny from passengers and regulators after a series of high-profile flight incidents this year, most notably the blowout of a fuselage section on a brand-new 737 Max 9 during an Alaska Airlines flight in January, which has prompted a criminal investigation by the Justice Department.

Four bolts that should have prevented the panel covering an unused door from flying off were apparently missing, the National Transportation Safety Board found in a preliminary report. All 171 passengers and six crew evacuated the plane without serious injury.

“In an event like this, it’s normal for the DOJ to be conducting an investigation,” Alaska Airlines said Saturday in a statement. “We are fully cooperating and do not believe we are a target of the investigation.”

A Boeing Co. spokesperson declined to comment and the Justice Department didn’t respond to a request for comment.

Additionally, Boeing said in a letter to Congress that it can’t locate records of the work performed on the door panel that failed, an unusual acknowledgment in an industry that places a significant emphasis on documentation.

Buttigieg’s comments follow a mishap-filled week for United Airlines flights. One of its aircraft ran off a taxiway at Houston on Friday, another lost a tire after takeoff from San Francisco and a flame-spewing engine forced another into an emergency landing.

“Every time I step off of a jet bridge and onto a plane, which is every few days, I know that I am participating in the safest way to travel in the world. And we never take that for granted,” Buttigieg said.

The FAA ordered a temporary grounding of 171 planes for inspection following the Alaska Airlines blowout in January as carriers across the globe briefly took their Max 9’s out of service. In 2019, Boeing grounded its entire fleet of Max aircraft after two deadly crashes.

The accidents led to a $2.5 billion settlement with the Justice Department to resolve a criminal charge related to a conspiracy to defraud the FAA. Under that agreement, Boeing took on a compliance program designed to prevent it from deceiving regulators. It agreed to cooperate with the government for three years, after which the charge would be dismissed.

The Alaska Air incident took place two days before the agreement’s expiration.

Boeing shares have tumbled about 24% since the end of December, the most in almost two years.

Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up for free.



Source link

Subscribe to our magazine

━ more like this

Nike’s boss says remote work was hurting innovation, so the company realigned and is ‘ruthlessly’ focused on building a disruptive pipeline

Nike CEO John Donahoe is the latest corporate boss to weigh in on working from home or working in person, and his verdict...

Blackmagic Design releases a DaVinci Resolve editing panel for iPads

At 14.33 inches by 7.18 inches, the Micro Color Panel is about the size of a computer keyboard. It has an iPad Pro...

House Speaker Mike Johnson says he will push for aid to Israel and Ukraine this week

 House Speaker Mike Johnson said Sunday he will try to advance wartime aid for Israel this week as he attempts the difficult task of winning...

Record-high gold prices trigger a flood of selling. ‘People are using gold as an ATM they never had’

Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers don’t care. They...

Israel-Iran conflict adds to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics...

Increased tension in the Middle East following Iran’s attack on Israel likely gives the Federal Reserve even more cause to go slow on...