April 22, 2024
Finance

Inside Boeing investigations, fallout with former FAA admin.


Over 170 Boeing 737 MAX 9 airplanes have been by the Federal Aviation Administration (FAA) to conduct inspections after a mid-air incident took place on an Alaska Airlines (ALK) flight this past Saturday. Investigations by government agencies, such as the National Transportation Safety Board (NTSB), on the line of jets are ongoing, examining claims of faulty design and loose bolts on plug doors.

Archer Aviation Chief Safety Officer (ACHR) Billy Nolen joins Yahoo Finance to give insight into the ongoing inspections and discuss the potential fallout for Boeing and other aviation manufacturers.

“It’s an opportunity for Boeing to go back and look at all of its procedures, as well as the procedures that it oversees Spirit AeroSystems. It’s another opportunity for the FAA to say, ‘Hey, is there anything that we’ve missed as an agency,'” Nolen, a former FAA Administrator, says. “I can assure you during my time as acting administrator — I know Michael Whitaker is doing exactly the same thing — these are the questions you ask the team: Have we missed something in terms of how we oversee?”

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor’s note: This article was written by Nicholas Jacobino



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