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Boeing CEO to step down as 737 Max crisis worsens

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Boeing CEO Dave Calhoun will step down at the end of 2024 as part of a broad management shake-up for the embattled aerospace giant.

  • CEO Resignation: Boeing’s CEO, Dave Calhoun, is stepping down at the end of 2024 amidst ongoing challenges, including the 737 Max crisis.

  • Management Changes: Larry Kellner, the chairman, won’t seek reelection. Steve Mollenkopf will take over as chair, while Stan Deal, head of commercial airplanes, is leaving immediately. Stephanie Pope will replace Deal.

  • Industry Pressure: Airlines and regulators are demanding significant changes at Boeing due to quality and safety concerns. These issues have led to production delays, strained relationships with customers, and a decline in Boeing’s stock value.

Larry Kellner, chairman of the board, will not stand for reelection at Boeing’s annual meeting in May, Boeing said Monday.

He will be succeeded as chair by Steve Mollenkopf, who has been a Boeing director since 2020 and is a former CEO of Qualcomm. Mollenkopf will lead the board in picking a new CEO, Boeing said.

And Stan Deal, president and chief executive of Boeing’s commercial airplanes unit, is leaving the company effective immediately. Moving into his job is Stephanie Pope, who recently became Boeing’s chief operating officer after previously running Boeing Global Services.

Quality flaws

The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes.

Scrutiny intensified after a Jan. 5 accident, when a door plug blew out of a nearly new Boeing 737 Max 9 minutes into an Alaska Airlines flight.

“As you all know, the Alaska Airlines Flight 1282 accident was a watershed moment for Boeing,” Calhoun wrote to employees on Monday.

“We must continue to respond to this accident with humility and complete transparency. We also must inculcate a total commitment to safety and quality at every level of our company.

It’s been a bad start to 2024 for Boeing.

“The eyes of the world are on us, and I know we will come through this moment a better company, building on all the learnings we accumulated as we worked together to rebuild Boeing over the last number of years,” he wrote.

“We have another mountain to climb,” Calhoun said.

“Let’s not avoid the call for action. Let’s not avoid the changes that we have to make in our factory. Let’s not avoid the need to slow down a bit and let the supply chain catch up.”

Calhoun, a more than decade-long board member at Boeing, took the top job there in January 2020 after the company ousted its previous chief executive, Dennis Muilenburg, for his handling of the aftermath of two deadly 737 Max crashes.

 

Production issues

Boeing’s production problems have delayed deliveries of new planes to customers and hampered growth plans.

CEOs of some of the company’s largest customers, including United Airlines, Southwest Airlines, and American Airlines have publicly complained about the delays.

Ryanair, Boeing’s largest airline customer in Europe, said in a statement Monday it welcomes the management changes.

“Stan Deal has done a great sales job for Boeing for many years, but he’s not the person to turn around the operation in Seattle, and that’s where most of the problems have been in recent years,” Ryanair CEO Michael O’Leary said in a video posted to social media platform X.

United’s CEO, Scott Kirby, earlier this month said he urged Boeing to stop making yet-to-be-certified Max 10 planes for the company because it wasn’t clear when the FAA would clear those aircraft to fly.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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U.S. planes told to land immediately as outage spreads

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Major U.S. carriers including American Airlines, Delta Airlines and United Airlines issued ground stops on Friday morning.

They are blaming communication issues, less than an hour after Microsoft resolved its cloud services outage that impacted several low-cost carriers.
It was not immediately clear whether the call to keep flights from taking off were related to the earlier Microsoft cloud outage. Apart from American and Delta, UAL and Allegiant Air too grounded flights.
The FAA did not immediately respond to Reuters’ request for comment.
Frontier said earlier that a “major Microsoft technical outage” hit its operations temporarily, while SunCountry said a third-party vendor affected its booking and check-in facilities, without naming the company.
U.S. Secretary of Transportation Pete Buttigieg said the department was monitoring the flight cancellation and delay issues at Frontier, adding that the agency will hold the company and all other airlines “to their responsibilities to meet the needs of passengers”.
Frontier cancelled 147 flights on Thursday and delayed 212 others, according to data tracker FlightAware. 45% of Allegiant aircrafts were delayed, while Sun Country delayed 23% flights, the data showed. The companies did not give details on the number of flights impacted.
Microsoft said its outage started at about 6 pm ET on Thursday, with a subset of its customers experiencing issues with multiple Azure services in the Central U.S. region as several countries reported massive IT disturbances. “There are delays to check-in and flight operations had to be cancelled until 10:00 am (0800 GMT),” the spokeswoman said, adding however that she could not say when they would resume

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Major Microsoft outage shuts down airlines, news and cloud servers worldwide

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A widespread Microsoft outage is affecting Australia’s supermarkets, banks and telecommunications companies.

A widespread Microsoft outage is affecting Australia’s supermarkets, banks, telecommunications companies.

There are also reports of outages in Japan and the United States.

The ongoing widespread outage is reportedly related to US-based cybersecurity provider CrowdStrike. Its ‘Falcon sensor’ is installed on many business computers to gather security data.

In a statement to Ticker News, StickmanCyber said:

“Multiple StickmanCyber security engineering and our 24×7/365 security operations teams across the country support reports that this outage is related to a CrowdStrike update. 
 
“It is our understanding that any business running versions 7.15 and 7.16 are affected by the outage, but 7.17 seems to be ok. We are waiting on official advisory from CrowdStrike on these findings but doing our best to help affected customers. It’s a lesson to always update your software, but obviously this is an extreme example. IT security tools are all designed to ensure that companies can continue to operate in the worst-case scenario of a data breach, so to be the root cause of a global IT outage is an unmitigated disaster.
 
“Crowdstrike support is offering a workaround to customers. It claims users may be able to fix the issue by booting windows in safe mode or in the Windows Recovery Environment and deleting a file named “C-00000291*.sys”.   

“CrowdStrike is aware of reports of crashes on Windows hosts related to the Falcon sensor,” the company said in a statement on its website.

“Symptoms include hosts experiencing a bugcheck\blue screen error related to the Falcon sensor. Our engineering teams are actively working to resolve this issue and there is no need to open a support ticket.

“Status updates will be posted below [on the Microsoft websit€0 as we have more information to share, including when the issue is resolved.”

Laptops down

Thousands of users across the world reported problems with Microsoft services to Downdector.com, a website that tracks service disruptions.

Microsoft laptops suddenly restarted across Australia on Friday afternoon.

Outage website Downdetector shows issues across companies including NAB, Bendigo Bank, Telstra, CBA, Google.

Microsoft response

As users take to social media to complain, Microsoft reported a service outage for its Microsoft 365 apps and services, affecting businesses and users across the world.

“We’re investigating an issue impacting users ability to access various Microsoft 365 apps and services,” Microsoft 365 Status said on X early Friday.

Microsoft didn’t respond immediately to a request for comment.

Frontier airlines

 

The outage forced low-cost airline Frontier to cancel some flights. “Our systems are currently impacted by a Microsoft outage, which is also affecting other companies,” Frontier said in a statement. “We appreciate your patience.” The carrier said it would offer refunds to affected passengers.

The Federal Aviation Administration said Frontier asked it to pause the airline’s departures across the U.S. Thursday night. The ground stop was later lifted. 

 

 

 

 

 

 

It said it is “observing a positive trend in service availability” as it continues to mitigate the problem.

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Twisters takes the box office by storm as Disney’s Captain America mirrors recent U.S. political events

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Sequels, nostalgia, and the changing face of cinema

The recent surprise hit Twisters has taken the box office by storm, defying expectations and cementing itself as a standout success in a summer crowded with high-profile releases. This sequel to the 1996 classic Twister has captivated audiences with its blend of thrilling storm-chasing action and heartfelt storytelling.

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