Boeing announced Monday that its CEO, Dave Calhoun, would step down at the end of the year.
Calhoun's departure comes as the planemaker has dealt with a raft of production and quality control issues this year,would see cash outflows of up to $4.5 billion during the current quarter as it works to shore up its production lines.
In this National Transportation Safety Board handout, an opening is seen in the fuselage of Alaska Airlines Flight 1282 Boeing 737-9 MAX on January 7, 2024 in Portland, Oregon. "The eyes of the world are on us," Calhoun added, "and I know we will come through this moment a better company, building on all the learnings we accumulated as we worked together to rebuild Boeing over the last number of years.
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