Boeing Shares Hold Steady as CEO Muilenburg endures a Senate Grilling
Boeing (BA) CEO Dennis Muilenburg was on Capitol Hill on Tuesday, testifying before the Senate Commerce Committee about the company’s efforts to address issues with the flight control system that has been implicated in two fatal crashes of the – now grounded – 737 Max aircraft. Held on the anniversary of the first accident, many family members of the victims were in attendance, seated directly behind Muilenburg as he endured a grilling from Senators about the questionable design of the MCAS system as well as the company’s response to the crashes. Nearly all of the committee members began their questioning[…]
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