Boeing CEO Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX's grounding worldwide and triggered investigations, lawsuits and a sharp loss in share value.
Boeing CEO Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX’s grounding worldwide and triggered investigations, lawsuits and a sharp loss in share value.
Family and friends of 24-year-old American Samya Stumo, one of the victims of the crash of an Ethiopian Airlines 737 MAX on March 10, will hold a silent protest outside the meeting site. The U.S. Federal Aviation Administration could clear Boeing the 737 MAX jet to fly in late May or the first part of June, two people familiar with the matter said on Friday, though Boeing has yet to submit the updated software and training for review.
Shareholders have filed a lawsuit accusing the company of defrauding them by concealing safety deficiencies in the plane. The model is also the target of investigations by U.S. transportation authorities and the Department of Justice.
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