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Facing mounting pressure from airlines, regulators and investors, Boeing on Monday announced a broader than expected shakeup with Calhoun, 66, stepping down by year-end on the heels of the company s commercial planemaking chief and its chairman.
FRANKFURT (Reuters) -Siemens Energy is confident it can solve quality issues at its onshore wind division but that process could take several years, its CEO said in written remarks published ahead of the group's annual general meeting (AGM). At the heart of the problem are quality issues with the group's newer generations of onshore wind turbines, the 4.X and 5.X platforms, with Bruch saying that fixing the problems will probably take several years. Siemens Energy is scheduled to hold its AGM on Feb. 26, with investors expected to slam the group for a share price plunge in the wake of the turbine issues, problems that ultimately led the group to seek billions of euros in state-backed guarantees.
Boeing is "undoubtedly" making significant progress in getting on top of quality issues, the head of Avolon, the world's second largest aircraft leasing firm and a major Boeing customer, said on Thursday. Boeing was hit by the latest in a series of problems on Jan. 5 when a door panel flew off one of its 737 MAX 9 jets in the midst of an Alaska Airlines flight. Avolon CEO Andy Cronin said preliminary findings from a U.S. regulatory investigation into the incident were "positive", in not appearing to show any design implications for the aircraft or systemic production issues.