Congressional report blames Boeing, FAA for MAX crashes – HEDGE accordingly

New York (AFP) – Congressional investigators blamed two deadly Boeing 737 MAX crashes on “repeated and serious failures” by Boeing and air safety regulators, according to a report released Wednesday.The 239-page report released by congressional Democrats flagged numerous failings, including pressure in Boeing to rush the MAX out in order to compete with an Airbus plane, a “culture of concealment” in which the plane maker withheld key information from regulators and undue influence by the company on Federal Aviation Administration (FAA) higher-ups that marred oversight.The report is the culmina…

Read More

HEDGE accordingly