STRUCTURE STREAMLINING: Boeing to cut around 150 US finance jobs to 'reduce complexity'
to American Airlines in August following approval from the Federal Aviation Administration. Boeing halted deliveries in May 2021 after the FAA raised concerns about its proposed inspection method. In September 2020, the FAA said it was investigating manufacturing flaws in some 787 jetliners.
The agency's increased scrutiny on the certification of Boeing's planes comes after two fatal crashes in 2018 and 2019 grounded its 737 Max jet. The 737 Max has since returned to the skies after beingA Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States, March 31, 2017. In July, Boeing reported that its quarterly profit fell to $160 million, or 32 cents a share.
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