Boeing wins confidence of shareholders, prepares for key 737 MAX test flight

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Boeing executives successfully beat back challenges their authority Monday as the company signaled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the ai...

Boeing executives successfully beat back challenges their authority Monday as the company signaled it expects regulators to take a key step next week in the effort to get the 737 MAX back in the air following two deadly crashes.

But those proposals garnered just 32 and 34 percent of the votes, respectively, somewhat better than similar steps last year, but still well below 50 percent. The 737 MAX has been grounded since mid-March following the crash of an Ethiopian Airlines flight and an earlier Lion Air crash, a crisis that has raised questions about whether the US giant sacrificed safety in its zeal to market a new narrow-body plane and compete with Airbus.

“We know that in both accidents there was a chain of events that occurred. One of the links was the activation of the MCAS system because of the data,” Muilenburg said at the press briefing. “We know we can break that link in the chain the software update does that.”But Muilenburg repeatedly declined to characterize the MCAS system as a design flaw, saying there is more than one factor in such catastrophic accidents and that an investigation is ongoing.

Boeing expects certification of the software fix some time after an FAA meeting with international regulators on May 23, the company spokesman said.

Source: News Formal (newsformal.com)

 

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