SELECT LANGUAGE BELOW

SEC to investigate Boeing over statements on safety practices: report

The U.S. Securities and Exchange Commission is investigating Arlington, Virginia-based Boeing Co.’s comments about its safety practices after an accident that blew off a panel on an Alaska Airlines 737 Max 9 plane at 16,000 feet over Oregon. It started. January.

Bloomberg News reported, citing three sources familiar with the development, Reuters reported that the SEC probe will look into whether Boeing or its executives made statements that misled investors. .

When FOX News Digital contacted Boeing, the company declined to comment on the matter, and the SEC did not respond to requests for comment.

In January, a 737 Max 9 operated by Alaska Airlines was flying 16,000 feet over Oregon when a panel blocking the space for an unused emergency door was blown off the jetliner. Although the pilots were able to land the Boeing 737 Max 9 safely, problems with the plane bedeviled the aircraft manufacturer.

FAA launches new investigation after Boeing may have failed to inspect parts of its 787 Dreamliner

Employees working on the Boeing 737 Max aircraft at the Boeing Renton plant in Renton, Washington, March 27, 2019. (Jason Redmond/AFP via Getty Images/Getty Images)

In March, the Justice Department opened a criminal investigation into the incident.

The FBI also began notifying passengers that they “may be victims of a crime.”

According to the New York Times, Boeing was recently cited for a total of 97 non-compliance points on 33 items in a federal audit. The company passed his 56-point audit.

Planes turn to prayers and anti-anxiety drugs as they try to avoid Boeing: Report

NTSB officials analyze Alaska Airlines explosion

Investigator John Lovell examined the fuselage plug of Alaska Airlines Flight 1282, a Boeing 737-9 MAX, in January. (NTSB/FOX News)

Just last month, the U.S. Federal Aviation Administration (FAA) announced that Boeing may not have completed necessary inspections to ensure proper adhesion and grounding of the wing-to-fuselage joints on certain 787 Dreamliner aircraft. After the company voluntarily notified the authorities, an investigation into Boeing began.

The FAA confirmed to Fox Business in a statement that it is investigating whether Boeing completed its inspections and whether its employees falsified aircraft records.

“As the investigation continues, the FAA will continue to take all necessary steps to ensure the safety of the flying public,” the FAA said.

Whistleblower says Boeing produces defective planes, says he was physically threatened

Alaska Boeing 737 Max 9

Plastic sheeting covers part of the fuselage of an Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon. (Photo by: Mathieu Louis Rolland/Getty Images/Getty Images)

The FAA also added that Boeing is re-inspecting all 787s still in production and must also develop a plan to address those still in service.

In addition to the safety crisis that tarnished the company’s reputation, Boeing faced Senate hearings and revamped its management team.

The investigation follows several accidents involving Boeing aircraft in the past few months.

ticker safety last change change %
BA boeing company 181.25 +0.90 +0.50%

Fox News tracked at least four people Accident caused by boeing plane There were 2 cases in January, 2 cases in February, and as of mid-March, there are 10 cases.

Since then, one problem after another has continued to plague Boeing.

CLICK HERE TO GET FOX BUSINESS ON THE GO

In just 2 months, Two Boeing Whistleblowers In late April, following the deaths of Joshua Dean and John Barnett, Southwest Airlines announced it was pulling out of several airports to overcome the financial impact of Boeing’s delays.

United Airlines announced in early March that it would temporarily suspend pilot recruitment due to delays in certification and manufacturing of new aircraft at Boeing. It also recently asked pilots to take unpaid leave due to continued delays.

Boeing’s deliveries also halved in March, and the company reported its first quarterly revenue decline in nearly two years.

FOX Business News’ Stephen Sorace and Stepheny Price contributed to this report.

Facebook
Twitter
LinkedIn
Reddit
Telegram
WhatsApp

Related News