NEW YORK: The pressure was mounting on Monday on Boeing as newly-surfaced documents deepened doubts about the company's ability to return a top-selling jet to service soon and amplified calls for a leadership shakeup.
The newly-released documents raise questions about what Boeing knew about a key flight handling system implicated in crashes of Lion Air and Ethiopian Airlines flights and whether the company has been forthcoming with regulators.UBS downgraded Boeing, slashing its target price by US$95 to US$375 per share, citing"potential slippage" in the 737 MAX schedule, which has been grounded since mid-March.
In the message to a colleague, Forkner describes the MCAS system as"running rapid in the simulator" at a lower speeds, adding that the performance was"egregious." Forkner's lawyer, David Gerger, said the conversation concerned the MCAS simulator that"was not reading right" and that Forkner"thought the real plane was safe."
....just another piece of American junk....
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