Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. lawmakers ask FAA to detail Boeing 737 MAX oversight

Published 11/29/2021, 12:04 PM
Updated 11/29/2021, 01:27 PM
© Reuters. FILE PHOTO: A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, U.S. June 29, 2020. REUTERS/Karen Ducey

By David Shepardson

(Reuters) -Three U.S. House Democrats on Monday asked the head of the Federal Aviation Administration (FAA) to provide more details of the agency's oversight of Boeing (NYSE:BA)'s 737 MAX and questioned whether the planemaker had been held fully accountable.

The best-selling, single-aisle airplane, which was grounded for 20 months after two crashes killed 346 people in the space of five months, returned to service in late 2020.

The lawmakers, including House Transportation and Infrastructure chairman Peter DeFazio, asked FAA Administrator Steve Dickson in a letter Monday what the agency had done, if anything to hold Boeing employees responsible for various transgressions. It asks for a response by Dec. 13.

The letter said these included Boeing's apparent violation of its approved 737 MAX type design, as well as evidence of an internal plan to downplay the significance of a key safety system called MCAS tied to both fatal crashes.

An FAA spokeswoman said the agency would respond directly to the committee. Boeing did not immediately comment.

The letter said the lawmakers were "deeply troubled by the absence of rigorous accountability for Boeing's past transgressions related to the 737 MAX and the FAA's failure to hold those who violated the public's trust accountable".

Earlier this month, the FAA's Dickson told a U.S. congressional panel that Boeing had more to do as the U.S. planemaker continues to face scrutiny.

"Boeing is not the same as it was two years ago but they have more to work to do," Dickson said. "We have reset the relationship with Boeing in no uncertain terms."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

In a Nov. 2 letter, acting manager for aviation safety in the local FAA office that oversees Boeing, Ian Won, told the planemaker that company appointees performing work for the agency did not have the required expertise and some employees were not meeting FAA expectations.

Dickson said the FAA was delegating fewer responsibilities to Boeing for aircraft certification and was "demanding more transparency" from manufacturers.

The FAA is currently scrutinizing a number of issues involving Boeing airplanes.

Boeing agreed to a deferred prosecution agreement with the Justice Department in January including $2.5 billion in fines and compensation stemming from the 737 MAX crashes.

Last month, a former Boeing chief technical pilot was charged with fraud for deceiving federal regulators evaluating the company's 737 MAX jet.

Latest comments

FAA oversight: "Yeah. There's another one !!").
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.