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دمج القطاع الصحي الألماني في استراتيجية الدفاع الشامل
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Mutual fund returns show shifting leaders across market-cap categories
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BHEL wins Adani Power projects valued at up to ₹28,000 crore
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تفاصيل بيع تذاكر نهائي كأس رابطة الأندية البيروفية بين كريستال وعلينزا أتلتيكو
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IndiGo holds talks with Embraer over potential order for 100 aircraft
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إيلون ماسك يسخر من هزيمة الجمهوريين بعد إنفاقه مئات الملايين
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India seeks threefold increase in coal stocks to prevent summer power shortages
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Indian companies report mixed second-quarter results on November 4
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Indus Towers expands solar-powered network to 50,000 telecom sites
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KKR secures Indian regulator approval for Gentari Renewables investment
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Equitas Small Finance Bank rebounds after naming interim chief executive
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Bharti Airtel revenue expected to grow at double-digit pace in second quarter
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اعتقال مواطن ألباني في إيطاليا لانتهاكه حظر الترحيل
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Titan quarterly profit seen rising as jewellery business drives growth
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Indian crude-sensitive shares gain after 13% oil-price decline
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Kuwait finance minister holds economic cooperation talks at COMCEC
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رينو 5 الكهربائية: اختبار مدى 1000 كيلومتر من نيس إلى باريس
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Stocks and dollar fall as Democratic election gains reshape markets
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Abdul El-Sayed declares victory in Michigan Senate contest
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Kuwait marks key events and anniversaries from national history
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Democrats capture US Congress in sweeping midterm victory
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Trump congratulates Democrats and signals willingness to cooperate
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Manchester United rallies past Roma as PSG dominates in Champions League
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ترامب يهنئ الديمقراطيين بعد هزيمة الجمهوريين في انتخابات التجديد النصفي
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Qatar prime minister advances mediation through diplomatic calls
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Qatar sees tentative opening for renewed regional diplomacy
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Greenland parliament approves security agreement with United States
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Qatar Tourism joins Pacific Asia Travel Association at London travel market
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Qatar envoy meets incoming UN General Assembly president
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Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
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Trump Signals Willingness to Work With Democrats After Midterm Defeat
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Qatar media bodies discuss support for humanitarian initiatives
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دي برومهد يفتح خياراته لـ "ذا بيغ ويسترنر" قبل عودته في ويكسفورد
Boeing chief to acknowledge 'serious missteps' at US Senate hearing
The head of US aerospace giant Boeing will on Wednesday tell senators that the company has made "serious missteps in recent years" and commit to restoring consumer and investor confidence, according to an advance copy of his remarks.
On the eve of the hearing before the Senate Commerce, Science and Transportation Committee, Kelly Ortberg sent a message to the company's 160,000 employees saying his testimony would be key "to restore trust" in the crisis-plagued manufacturer.
"Boeing has made serious missteps in recent years -- and it is unacceptable," Ortberg will say, according to the prepared remarks, which the company made public Tuesday.
Boeing has suffered for several years from production quality problems, with the latest major incident in January last year involving an Alaska Airlines 737 seeing a door plug fly off mid-flight.
In January, it reported a loss of $3.9 billion as the company continued to experience a hit from a more than seven-week labor strike that shuttered two major assembly plants.
Ortberg took over in August, and will testify on Boeing's restructuring efforts.
"We have made sweeping changes to the people, processes, and overall structure of our company," he will say. "While there is still work ahead of us, these profound changes are underpinned by the deep commitment from all of us to the safety of our products and services."
In his message to employees, he said "we are starting to turn the corner in our recovery," although he added that turning the company around would take "time and action."
Ortberg will acknowledge two 737 MAX 8 crashes in October 2018 and March 2019, which killed a total of 346 people -- some of whose relatives are expected at the committee hearing on Wednesday.
He will offer a "pledge to make the necessary changes so this never happens again."
Boeing has acknowledged that the design of its MCAS stall protection software contributed to the accidents, which occurred on new aircraft shortly after takeoff.
Ortberg will testify that the aircraft manufacturer is implementing a new Safety Management System (SMS) that is "a framework built on proven aviation industry best practices, to proactively identify and manage safety risks that may impact our commercial and defense products."
R.AbuNasser--SF-PST