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Boeing 737 Program Head To Retire Amid Jet's Grounding Crisis: Company

Friday, July 12, 2019, 8:03 AM

The head of Boeing's embattled 737 MAX program plans to retire, the company said on Thursday, just as it gears up to persuade regulators to return the plane to the skies after two deadly crashes. It was the most high profile departure of a senior executive since the aircraft was grounded in mid-March following two crashes that claimed 346 lives.
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Boeing Says It's Open To Changing The Name Of Grounded 737 Max Jet

Tuesday, June 18, 2019, 9:16 AM

Boeing is open to dropping the "Max" branding for its latest 737 jetliner, depending on an assessment of consumer and airline responses to an aircraft name that's been tarnished by two fatal crashes and a three-month grounding. "I'd say we're being open-minded to all the input we get," Chief Financial Officer Greg Smith said Monday in an interview on sidelines of Paris Air Show.
 
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Boeing CEO: 737 MAX Compensation Could Include Cash, Services

Thursday, May 30, 2019, 9:22 AM

Boeing will tailor its compensation to airlines for the 737 MAX grounding around customer preference, and they could be paid back in services instead of cash, Chief Executive Dennis Muilenburg said. After two-deadly-crashes grounded the top-selling plane, Muilenburg acknowledged that the MAX crisis had shaken public confidence in the company and inconvenienced key customers, but the company is unlikely to take big financial hit.

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