Boeing shares slide after FAA discovered ‘concerning’ messages about 737 Max certification
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October 18, 2019 - by Leslie Josephs for cnbc.com
- The FAA said Boeing withheld the messages between employees for months.
- The incident ramps up pressure on Boeing and CEO Muilenburg about the planes.
- Boeing and the FAA are facing several investigations about the 737 Max's design and certification.
Boeing shares slipped Friday after the Federal Aviation Administration said Boeing withheld for months messages between employees from 2016 regarding the 737 Max's certification from the regulator.
A Boeing pilot warned about problems with the flight-control program on the 737 Max that was implicated in two fatal crashes, said he "unknowingly" lied to regulators, and told the Federal Aviation Administration not to include the system in pilot manuals before regulators deemed the plane safe for the public in 2017, according to messages released Friday.
The plane has been grounded since mid-March after two fatal crashes.
"The FAA is also disappointed that Boeing did not bring this document to our attention...
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