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Boeing gives pilot new job after firestorm over leaked messages – sources

One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday. The 2016 conversation between the employee, Patrik Gustavsson, and then-colleague Mark Forkner, erased some $14 billion of its market value after they became public last month. Forkner’s comments were among those pinpointed by U.S. lawmakers during back-to-back hearings in Washington as evidence Boeing knew about problems with flight control software well before the two crashes in …read more […]

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Boeing gives pilot new job after firestorm over leaked messages: sources

One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday. The 2016 conversation between the employee, Patrik Gustavsson, and then-colleague Mark Forkner, erased some $14 billion of its market value after they became public last month. Forkner’s comments were among those pinpointed by U.S. lawmakers during back-to-back hearings in Washington as evidence Boeing knew about problems with flight control software well before the two crashes in …read more […]

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Boeing gives pilot new job after firestorm over leaked messages -sources

One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday. The 2016 conversation between the employee, Patrik Gustavsson, and then-colleague Mark Forkner, erased some $14 billion of its market value after they became public last month. Forkner’s comments were among those pinpointed by U.S. lawmakers during back-to-back hearings in Washington as evidence Boeing knew about problems with flight control software well before the two crashes in the …read more […]

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3 Stocks That Wall Street Thinks Could Rise 40% or More

After a period of uncertainty, confidence has returned to the market and sent stock prices soaring. This begs the question, have stocks soared too high?Not according to Goldman Sachs’ Silvia Ardagna. The economist believes that while the global economy might be slowing down, the US economy is stronger than most other regions and there is yet more fuel left in the tank to propel it forward.“The de-escalation of trade tensions between the U.S. and China has triggered the question whether investors have been too negative and there could be some positive surprises,” said Ardagna, adding, “The main returns in our …read more […]