FAA to Conduct Three-Month Review of Boeing's Safety Processes After 737 Incident, $BA

Oct 18, 2024, 05:05 PM

The Federal Aviation Administration (FAA) announced it will conduct a three-month review of Boeing's safety processes. This decision follows a recommendation from a government watchdog urging the FAA to be more proactive in its oversight of the planemaker. The review comes after an in-flight emergency in January, where a door plug blew off a Boeing 737 jetliner. The FAA aims to ensure lasting improvements in Boeing's compliance with safety regulations. The FAA has committed to aggressive oversight of Boeing. Tickers of interest: $BA.