Business

Dave Calhoun, Boeing’s CEO, was questioned by American senators about recent safety incidents involving his company’s planes, such as the blowout of a door panel on a 737 MAX. Richard Blumenthal, the chairman of the committee investigating the failures, described Boeing as “an iconic company…that somehow lost its way”. Mr Calhoun, who is stepping down, apologised for the recent incidents and two earlier fatal crashes. Meanwhile, the latest whistleblower to make a complaint revealed that Boeing lost track of 400 faulty parts, and that some of them may have been installed on planes. Boeing’s share price is down by 30% this year.