• Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • Stride Staked InjectiveStride Staked Injective(STINJ)$16.51-4.18%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$105,546.000.43%
  • ethereumEthereum(ETH)$2,515.760.98%
  • VNST StablecoinVNST Stablecoin(VNST)$0.0000400.67%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.221.48%
  • binancecoinBNB(BNB)$650.110.33%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$150.25-0.79%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1841370.42%
  • tronTRON(TRX)$0.2852512.61%
  • cardanoCardano(ADA)$0.66-0.32%
  • staked-etherLido Staked Ether(STETH)$2,515.741.03%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$105,569.000.42%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • HyperliquidHyperliquid(HYPE)$35.032.70%
  • SuiSui(SUI)$3.23-1.49%
  • Wrapped stETHWrapped stETH(WSTETH)$3,025.310.71%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$13.80-1.38%
  • leo-tokenLEO Token(LEO)$9.302.35%
  • avalanche-2Avalanche(AVAX)$20.32-0.26%
  • stellarStellar(XLM)$0.2671960.76%
  • bitcoin-cashBitcoin Cash(BCH)$407.842.28%
  • ToncoinToncoin(TON)$3.16-0.58%
  • shiba-inuShiba Inu(SHIB)$0.000013-1.41%
  • USDSUSDS(USDS)$1.000.00%
  • hedera-hashgraphHedera(HBAR)$0.1682520.17%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • litecoinLitecoin(LTC)$88.000.09%
  • wethWETH(WETH)$2,515.020.77%
  • Wrapped eETHWrapped eETH(WEETH)$2,691.281.00%
  • moneroMonero(XMR)$335.023.75%
  • polkadotPolkadot(DOT)$4.050.92%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.05%
  • PengPeng(PENG)$0.60-13.59%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • Bitget TokenBitget Token(BGB)$4.67-0.18%
  • MurasakiMurasaki(MURA)$4.32-12.46%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Boeing lost trust of Americans, needs strict oversight, Transportation Sec. Duffy says

March 16, 2025
in Business
Reading Time: 2 mins read
A A
Boeing lost trust of Americans, needs strict oversight, Transportation Sec. Duffy says
ShareShareShareShareShare

Boeing lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX jetliner and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.

Duffy also said the Federal Aviation Administration is not yet ready to lift a 38-plane per month production cap on the 737 MAX.

“When you breach the trust of the American people with that safety and with your manufacturing, we’re going to put the screws to you to make sure you change your ways and start doing things right,” Duffy told Fox News’ “The Faulkner Focus” after a visit on Thursday to the Boeing 737 factory in Renton, Washington. “They’ve lost trust.”

Transportation Secretary Sean Duffy said Boeing had lost its way. Getty Images

Duffy traveled to Washington and met with Boeing CEO Kelly Ortberg, along with acting FAA Administrator Chris Rocheleau, following last year’s mid-air panel blowout on a new Alaska Airlines 737 MAX 9 airplane that was missing four key bolts. Ortberg will testify April 2 before Congress.

Boeing said it was pleased to show Duffy and Rocheleau “the progress we’re making to further strengthen safety and quality. Our team continues to work on improving our culture and rebuilding trust.”

Duffy said at a press conference Friday that Boeing’s new leadership is making improvements.

“They get it and they are making the changes in manufacturing,” he told reporters in Seattle. “I think they are making progress but they still need tough love.”

A 737 Max being assembled at a factory in Renton, Washington. via REUTERS

Duffy announced the factory visit on the sixth anniversary of the crash of Ethiopian Airlines flight 302 that killed all 157 people on board and led to changes in the 737 MAX’s design and pilot training.

Previously “everybody was punching Boeing, they were angry and rightly so. I think we’re in a space today where America is cheering them on,” Duffy added.

In January 2024, then-FAA Administrator Mike Whitaker imposed a 38-plane monthly production cap after the Alaska Airlines 737 MAX incident.

Duffy noted Boeing is not currently close to producing 38 MAX planes per month.

The fuselage plug area of Alaska Airlines Flight 1282 on Jan. 7, 2024 after it blew out in midflight the evening before. via REUTERS

Once they make quality improvements “we have to take a risk on them,” Duffy said and lift the cap, but “we’re not there yet.”

Duffy said President Trump does not want the Department of Transportation to take risks with safety but “wants us to not be too restrictive. He wants us to be smart and loosen up the restrictions on production with Boeing when it’s appropriate.”

Boeing in July agreed to plead guilty to a criminal fraud conspiracy charge and pay at least $243.6 million after breaching a 2021 deferred prosecution agreement. The Justice Department said Boeing allowed potentially risky work at its factories and did not ensure key airplane record-keeping was accurate.

Credit: Source link

YOU MAY ALSO LIKE

The Trump-Musk feud continues to intensify — here’s why it won’t end anytime soon

Jack Daniel’s maker reveals surprising reason why Americans are drinking less whiskey

ShareTweetSendSharePin

Related Posts

The Trump-Musk feud continues to intensify — here’s why it won’t end anytime soon
Business

The Trump-Musk feud continues to intensify — here’s why it won’t end anytime soon

June 7, 2025
Jack Daniel’s maker reveals surprising reason why Americans are drinking less whiskey
Business

Jack Daniel’s maker reveals surprising reason why Americans are drinking less whiskey

June 7, 2025
Here’s why SpaceX faces a bright future as government contractor despite Musk-Trump divorce
Business

Here’s why SpaceX faces a bright future as government contractor despite Musk-Trump divorce

June 6, 2025
Trump’s immigration, trade policies could cost $12 billion in losses for tourism industry: report
Business

Trump’s immigration, trade policies could cost $12 billion in losses for tourism industry: report

June 6, 2025
Next Post
Founder of megachurch indicted on child sexual abuse charges

Founder of megachurch indicted on child sexual abuse charges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Playdate Season 2 review: The Whiteout and Wheelsprung

Playdate Season 2 review: The Whiteout and Wheelsprung

June 7, 2025
Egg prices have plummeted since Trump took office — after hitting all-time high

Egg prices have plummeted since Trump took office — after hitting all-time high

June 1, 2025
Oil jumps 3% after OPEC+ keeps output increase unchanged – Reuters

Oil jumps 3% after OPEC+ keeps output increase unchanged – Reuters

June 2, 2025

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!