Emirates President Tim Clark issued a stern warning to Boeing Co BAurging the American aerospace giant to make significant changes following a recent safety incident.
What happened: Clark, speaking to reporters Thursday in London, stressed the need for Boeing to implement the changes, Reuters reported. The call for change comes after a panel on one of the MAX 9 jets exploded during a flight on January 5, leading to increased regulatory scrutiny of Boeing.
“They really need to do this. Whether this means a change in the governance model, I don’t know. When you change the governance model, it invariably involves changing people around the old governance model,” Clark said.
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He reiterated his earlier statement that Boeing is in a “last chance sedan” and stressed that there will be no tolerance for further issues from the company.
Because matter: This warning from the Emirati president comes at a time when Boeing is facing a number of challenges. The company recently agreed to a $51 million fine to settle a U.S. administrative charge related to unauthorized exports of technical data to countries including China and Russia.
Boeing’s troubles began earlier this year, when the door panel of one of its 737 Max 9 airliners exploded in flight, prompting a regulatory scrutiny and a significant leadership change.
The incident also led to frustration from airline CEOs, who expressed concern about Boeing’s ongoing production challenges.
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