Boeing has fired its CEO, Dennis A. Muilenburg, and will replace him with its current chairman, David L. Calhoun. A new press release from the company claims that Muilenburg had resigned, but that same press release also says that it was the board’s decision. In short: Muilenburg got fired.
An airline in Indonesia just became the first in the world to try and cancel its order for Boeing’s Max planes in the wake of the two deadly crashes in Ethiopia and Indonesia within the past five months. And the move has the potential cost Boeing billions of dollars.