The head of the Federal Aviation Administration will testify on Sept. 25 before the Senate Permanent Subcommittee on Investigations on the planemaker's oversight of Boeing , a committee aide told Reuters.
The chair of the National Transportation Safety Board told new Boeing Co CEO Kelly Ortberg that the planemaker "has a safety culture problem" that must be addressed.
Boeing faces a likely strike on Friday by more than 30,000 workers that could shutter its Seattle-area plane factories over demands for a bigger pay increase than the 25% over four years that union leaders agreed to.
Boeing Co BA shares may be heading lower. Support has converted into resistance and sometimes this price action occurs just before a downtrend forms.
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Boeing and the union that represents some 33,000 workers unveiled a tentative agreement earlier this week. The deal would include 25% raises over four years.
Boeing's U.S. West Coast factory workers will vote on a much-criticized new contract and a possible strike on Thursday, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt.
Workers go to the polls today, voting on a new labor agreement that could boost average pay by roughly one third over four years.
The company's earnings and cash flow do not match the management's plan after the 737 MAX's first delivery. Boeing is pressured to generate cash, pay down debt, and fund a new narrowbody plane in the coming decade.
Boeing faces a potentially crippling strike in the Seattle region, depending on how 33,000 workers vote Thursday on a new contract that has angered many employees despite solid wage gains.
Boeing faces a possible strike as early as Friday if most of the U.S. planemaker's factory workers in the Pacific Northwest vote on Thursday to back a work stoppage and reject a tentative deal that has enraged many of them.
Boeing Company BA shares are trading lower on Wednesday. On Tuesday, Boeing stated that it delivered 40 commercial jets in August, five more than in the same month of 2023 when a manufacturing defect affected 737 MAX production.