Current and former ntsb chairs who provided safety recommendations. Both of these accidents were entirely preventable. We cannot fathom the pain experienced by the families of those 340 six human beings who were lost. Many family members were here today and we appreciate their attendance. Themreciate many of meeting with members of the committee. Committee, if this promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. ,hese families deserve answers accountability, and action. Deserves no less. Involved inaircraft both accidents is the 737 max 8 manufactured by boeing. International aviation safety regulators begin grounding the plane the day after the ethiopian crash. On march 13, federal Aviation Administration formally grounded the aircraft. The return to service is contingent on boeings work with the faa to test and certify fixes to the Flight Control system. Activated during both crashes. In order to return to service, Internati
Safety of the 737 max 8 airplane. He appeared before the house transportation committee. Committee on transportation infrastructure becomes order. I ask unanimous consent that the chair be authorized to request resources. Without objection. I also asked the chair and raking member of the full community the recognize for 10 minutes each of the first round of questions. Without objection, its awarded. I want toegin, explain an administrative matter regarding some of the documents we may use in todays hearing, and that will be entered into the record. Two unanimous consent request in regards to two documents, list a and list b. List b. T on the b a we have been asked that it provides ample authority to release these documents. And the documents from boeing, owings attorney boeings attorneys agreed to these documents. I see nothing that is export sensitive in these documents. Documenttamped every they stepped us as export control. However, to prevent confusion with regards to documents wit
This hearing will come to order. Thank you all for being here today. One year ago today lion air, flight 610 crashed into the sea shortly after takeoff from jakarta, indonesia. All 189 people on board perished. Five months later Ethiopian Airline 302 departed out of ethiopia just like lion air flight 610, ethiopian flight 302 experienced problems shortly after takeoff and crashed. All 157 persons on board died. Both of these accidents were entirely preventible. We cannot fathom the pain experienced by the families of those 346 human beings who were lost. Many family members are here today and we appreciate their attendance. I appreciate many of them meeting with members of the committee over time. As chairman of this committee i promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. These families deserve answers, accountability, and action, and the public deserves no less. The type of aircraft involved in both accidents is a 737 max
Beyond meat. Ten year 1. 83. Caseshiller up 3. 2 year on year road map, record watch the s p at the all time high dow and nasdaq not far behind. Streaming wars, hbo max, details coming today david is live in los angeles ahead of the warner media investor day and some tough questions for boeing what to expect as Dennis Muilenburg testifies later today. Well start with the markets, a day after the s p hits the 12th all time high and the 14th record close of 2019 jim, halfway through earnings season here. What does it all mean . I think you go back and i was going back and looking at some of the big Billionaire Hedge Fund managers and what they have been saying and almost in unison said, look, you got to be very careful. It cant last. Numbers can go back to the negative the companies arent letting it happen the companies, for the most part of, the Biggest Companies reporting great numbers. The classic one is merck last week, merck got hit down to 79. 80. Bristolmyers, a cocktail, that was
The ceo of boeing on capitol hill for a second day of testimony on the safety of the airplanes. He appeared before the house transportation committee. The committee on transportation infrastructure will come to order. I ask unanimous consent that security be authorized to declare basis of the hearing without objection, so ordered. I also ask unanimous consent for the Ranking Member of the full committee to be recognized for ten minutes each i will be making to unanimous requests for documents from the attorneys said. I see nothing that is export sensitive in these documents will be making a unanimous consent request pistol into the export control act and make a unanimous consent request to enter the documents on the list into the hearing record. This list includes the export control documents theyve reviewed all these documents on both lists and with i would ask unanimous consent that they be disclosed pursuant to the code. I want to reserve my right to object. The reason for doing tha