Senate Commerce Committee Chair Cantwell Plans To Send Boeing Letter Asking About Lack Of Cooperation In 737 Max 9 Probe; Says She Still Plans To Call Boeing CEO Dave Calhoun To Testify At Future Hearing
Portfolio Pulse from Benzinga Newsdesk
Senate Commerce Committee Chair Cantwell plans to send a letter to Boeing regarding their lack of cooperation in the 737 Max 9 probe and intends to call CEO Dave Calhoun to testify at a future hearing.
March 06, 2024 | 5:11 pm
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Boeing faces increased regulatory scrutiny and potential reputational damage as Senate Commerce Committee Chair Cantwell expresses concerns over their cooperation in the 737 Max 9 investigation.
The news indicates a heightened level of regulatory scrutiny and potential reputational damage for Boeing, which could negatively impact investor sentiment and the stock price in the short term. The direct involvement of the CEO and the specific mention of the 737 Max 9 probe, a critical issue for Boeing, further underscore the seriousness of the situation.
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