Trump FAA nominee vows to hold Boeing 'accountable'
WASHINGTON, June 11 (Reuters) - President Donald Trump's nominee to head the Federal Aviation Administration vowed to hold Boeing BA.N accountable after a series of safety issues have raised questions about the U.S. planemaker.
Republic Airways CEO Bryan Bedford said at a Senate Commerce confirmation hearing there were "some really hard lessons learned" by the FAA about the failure of a key safety system tied to two fatal Boeing 737 MAX crashes in 2018 and 2019 that killed 346 people. Bedford vowed to hold Boeing "accountable to deliver a high quality product safely... We can also help Boeing by not simply saying, 'This fails.' We can collaborate and tell them where the failures are and how we view remedies that can help Boeing move the process along a little bit quicker."
Related Articles
Netflix After the Warner Deal: What Investors Should Know
TradingKey - For quite some time now, Netflix (NFLX) has been regarded as the premier subscription-based streaming service in the world, with a well-established history of growth through creative use of pricing power, developing hit programming, and relying very little on outside sources for licensi
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion Tre
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
