NTSB Sanctions Boeing for Disclosing Confidential Information on 737 Max Door Plug Investigation
By Victor Swezey
Boeing has been sanctioned by the National Transportation Safety Board after the company disclosed information not intended for public release about the 737 Max door plug investigation.
The NTSB said Boeing violated a party agreement by disclosing investigative information and giving an analysis of previously disclosed factual information during a Tuesday media briefing about quality improvements on its planes.
Boeing will retain its party status but lose access to unpublished investigative information produced by the NTSB.
"We deeply regret that some of our comments, intended to make clear our responsibility in the accident and explain the actions we are taking, overstepped the NTSB's role as the source of investigative information," the company said. "We apologize to the NTSB and stand ready to answer any questions as the agency continues its investigation."
The agency also plans to subpoena the company to appear at an investigative hearing Aug. 6-7 in Washington, D.C., where it won't be permitted to ask questions.
Boeing has been the subject of multiple federal investigations in the wake of the Jan. 5 incident when an Alaska Airlines lost a door panel in flight.
Write to Victor Swezey at victor.swezey@wsj.com
(END) Dow Jones Newswires
June 27, 2024 13:28 ET (17:28 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Best- and Worst-Performing Stocks of Q2 2024
-
13 Charts On the Market’s Q2 Turnaround
-
10 Top-Performing Dividend Stocks of Q2 2024
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations
-
Real Estate: Interest Rate Movements Drive Performance
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities