Boeing (B.A.) is facing many problems, since Federal Aviation Administration (FAA) investigation into company’s 787 Dreamliner inspections At Alaska Airlines (ALK) door explodes mid-flight. US Transportation Secretary Pete Buttigieg speaks with Yahoo Finance Brian Sozzi on how the Ministry of Transport views the company.
“The good news is there’s been a lot of engagement. They’ve taken a number of steps in response to the pressure the FAA is putting on them, but there’s still a long way to go,” Sec said. . Buttigieg said. The FAA prohibits Boeing from increasing its production rate until the company proves it can address growing safety concerns. “At the end of the day, it’s all about results. They’re saying the right things, they’re taking encouraging actions, but we need to make sure that we see it in the workshops, that we see it in terms of results and the quality of the product that leaves the chain,” he adds.
As for whether Americans can trust Boeing, Sec. Buttigieg says, “Look, I’m on a Boeing plane every few days…so this is personal to me as well as something I care about as a policymaker. And at the end of the day, the FAA won’t allow anything. forward that they are not convinced that safety is assured.”
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This article was written by Mélanie Riehl
Video transcription
Um, most pilots and flight attendants are on Boeing planes.
Mr. Secretary, uh, have you been encouraged by everything that this company is doing to address the existing problems that they are having and the seemingly new problems that continue to appear almost every two weeks.
Yes, the good news is that there has been a lot of engagement.
They have taken a number of steps in response to the pressure the FAA is putting on them, but there is still a long way to go in just a few days.
We will see the results of the 90 day review.
The administrator, Mike Whitaker, put them on a 90-day clock and said we need to see a comprehensive plan on how you’re going to resolve these quality issues and what it will take to get there.
We know that ultimately new leaders will come to Boeing as well.
It’s all about results.
They’re saying the right things, they’re taking encouraging steps, but we need to make sure that we see it on the shop floor, that we see it in terms of the quality of the product coming off the line and that’s why we see it. takes this extra step by not allowing them to increase their production rate until they have demonstrated beyond doubt that they can safely resolve these quality issues and increase that production in a compliant manner to the quality that everyone expects from such an important company. and producer in the United States.
Should Americans trust Boeing to succeed.
Look, I, I, I’m on a Boeing plane every few days.
I was on one yesterday.
I think I’ll do one next week too.
So, this is personal to me as well as something that I care about as a policy maker and ultimately the FAA is not going to allow anything to move forward, uh, that they’re not convinced that it’s safe.
This sometimes means putting extreme pressure on a player like Boeing or on the aeronautics sector.
But you know, it’s in everyone’s interest, including businesses, for security to be beyond a shadow of a doubt.
And that’s the norm.
Often for some of these security engineering choices, there is a billion to one standard.
Indeed, there must be less than a one in a billion chance of failure for the FAA to be satisfied.
And that’s what has made flying a commercial airliner in America by far the safest form of transportation.
There will be a lot of work to do to keep it that way.
