Boeing’s jetliner division chief steps down amid 737 Max crisis - News Summed Up

Boeing’s jetliner division chief steps down amid 737 Max crisis


Boeing Co. said Kevin McAllister is stepping down as head of its jetliner division, after less than three years in the role, amid a crisis engulfing the 737 Max and production snarls with other planes. The ban on flying the 737 Max has cost Boeing more than $8 billion, and the plane isn’t expected to carry any passengers until next year. He will be replaced at Boeing’s services division by Ted Colbert. The jetliner division generates about 60% of Boeing’s sales. He worked his way from the MD-11 Japan Airlines program to a variety of leadership roles in sales and marketing for Boeing’s jetliner division.


Source: Los Angeles Times October 22, 2019 20:40 UTC



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