Boeing chief admits 'serious challenge' ahead- QHN

Mr Calhoun said the company’s “full focus” was now on improving the quality of its planes.

In a staff letter, he said it was “not the time” to offer financial forecasts.

In a staff letter, he said it was “not the time” to offer financial forecasts.

The message accompanied the firm’s quarterly update to investors, its first since the accident on the Alaska Airlines flight, which terrified passengers and forced an emergency return to the Portland, Oregon airport.

The harrowing accident, earlier this month, did not lead to serious injuries but it has renewed questions about Boeing’s manufacturing record, five years after two fatal accidents involving another version of its 737 plane killed 346 people.

At the time, a US investigation found the firm had put profit before safety. Boeing paid $2.5bn to settle the criminal probe over the crashes.

The company now faces another government investigation, as the Federal Aviation Administration (FAA) probes its manufacturing process. The FAA has also barred the firm from expanding production of its popular 737 planes.

Mr Calhoun has pledged transparency and vowed to work cooperatively with regulators.

In a staff letter, he said it was “not the time” to offer financial forecasts.

Mr Calhoun said the company’s “full focus” was now on improving the quality of its planes.

The message accompanied the firm’s quarterly update to investors, its first since the accident on the Alaska Airlines flight, which terrified passengers and forced an emergency return to the Portland, Oregon airport.

In a staff letter, he said it was “not the time” to offer financial forecasts.

In a staff letter, he said it was “not the time” to offer financial forecasts.

The message accompanied the firm’s quarterly update to investors, its first since the accident on the Alaska Airlines flight, which terrified passengers and forced an emergency return to the Portland, Oregon airport.

The harrowing accident, earlier this month, did not lead to serious injuries but it has renewed questions about Boeing’s manufacturing record, five years after two fatal accidents involving another version of its 737 plane killed 346 people.

At the time, a US investigation found the firm had put profit before safety. Boeing paid $2.5bn to settle the criminal probe over the crashes.

The company now faces another government investigation, as the Federal Aviation Administration (FAA) probes its manufacturing process. The FAA has also barred the firm from expanding production of its popular 737 planes.

Mr Calhoun has pledged transparency and vowed to work cooperatively with regulators.

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