👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Boeing MAX crash relatives back Biden aviation nominee

Published 03/20/2023, 01:36 PM
Updated 03/20/2023, 01:41 PM
© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid
BA
-

By David Shepardson

WASHINGTON (Reuters) - A group of relatives of those killed in a fatal 2019 Boeing (NYSE:BA) 737 MAX crash endorsed U.S. President Joe Biden's nominee to head the Federal Aviation Administration (FAA).

The nominee, Denver International Airport Chief Executive Officer Phil Washington, has come under fire from Republicans who question if he has the required aviation experience needed for the job, while the Transportation Department says Washington is fully qualified.

The Senate Commerce Committee is set to vote on Wednesday on Washington to serve as top U.S. aviation regulator as the agency faces questions after a series of close-call safety incidents.

"FAA needs an outsider who can step into leadership vacuums, transform complex organizations, and resist the aviation swamp pressures toward mediocrity and malaise," said a letter on Monday signed by eight relatives of those killed in the March 2019 Ethiopian Airlines MAX crash.

Two MAX crashes in 2018 and 2019 killed 346 people, cost Boeing more than $20 billion, led to a 20-month grounding for the best-selling plane and prompted Congress to pass sweeping legislation reforming airplane certification.

"The next FAA administrator must lead the effort to fully implement these key safety reforms," the letter said.

Boeing did not immediately comment.

Commerce Committee chair Maria Cantwell, a Democrat, said it is imperative that the next FAA administrator commit to fully implementing safety reforms and hold Boeing accountable.

© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid

"We feel that industry and FAA got too cozy," Cantwell said.

Washington has vowed to accelerate implementation of safety reforms.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.