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Airbus withdraws from U.S. FAA Boeing safety culture panel

By David Shepardson WASHINGTON (Reuters) - European planemaker Airbus said it had withdrawn from a U.S. government-named panel reviewing Boeing’s safety processes and how they...
Airbus withdraws from U.S. FAA Boeing safety culture panel © Reuters. FILE PHOTO: An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. REUTERS/Lindsey Wasson
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By David Shepardson

WASHINGTON (Reuters) - European planemaker Airbus said it had withdrawn from a U.S. government-named panel reviewing Boeing’s safety processes and how they influence Boeing (NYSE:BA) safety culture after two fatal 737 MAX crashes in recent years killed 346 people.

The Federal Aviation Administration's (FAA) panel named last week includes MIT lecturer and aerospace engineer Javier de Luis whose sister was killed in a MAX crash, as well as experts from NASA, the FAA, labor unions, Southwest Airlines (NYSE:LUV), American Airlines (NASDAQ:AAL), United Airlines, GE Aviation and FedEx (NYSE:FDX) Express.

Among those named was James Tidball, head of certification for Airbus Americas. Airbus said in a statement to Reuters it appreciated the FAA's recognition of Tidball's impartiality concerning safety but given "the panel’s focus on a particular (Original Equipment Manufacturer, Tidball)... has decided to recuse himself from this working group."

The panel, which Congress required under a 2020 lawto reform how the FAA certifies new airplanes, has ninemonths to complete its review and issue findings andrecommendations. Congress directed the agency toappoint a panel by early 2021, but the FAA missed that deadline.

A 2020 U.S. House report said the MAX crashes in 2018 and 2019 "were the horrific culmination of a series of faulty technical assumptions by Boeing's engineers, a lack of transparency on the part of Boeing's management, and grossly insufficient oversight by the FAA."

Boeing last week declined to comment on the panel, but previously emphasized it has significantly reformed its safety culture after the MAX crashes cost it more than $20 billion.

Last month, Congress voted to lift a Dec. 27 deadlineimposing a new safety standard for modern cockpit alerts for twonew versions of the 737 MAX aircraft that could have put thefuture of those new models at risk.

In May, the FAA opted to renew Boeing's OrganizationDesignation Authorization (ODA) program for three years ratherthan the five years Boeing sought.

The FAA continues to subject Boeing to enhanced oversight,inspecting all new Boeing 737 MAXs and 787s before they can be delivered.

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02-12-2023 15:39:04 (UTC+7)

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EUR/USD

1.0883

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    EUR/USD 1.0883 ↑ Buy  
    GBP/USD 1.2711 ↑ Buy  
    USD/JPY 146.80 Sell  
    AUD/USD 0.6673 ↑ Buy  
    USD/CAD 1.3497 Sell  
    EUR/JPY 159.76 ↑ Sell  
    EUR/CHF 0.9458 ↑ Sell  
    Gold 2,073.20 ↑ Buy  
    Silver 25.490 Sell  
    Copper 3.9195 ↑ Buy  
    Crude Oil WTI 74.38 ↑ Buy  
    Brent Oil 79.56 Neutral  
    Natural Gas 2.777 ↑ Buy  
    US Coffee C 183.70 ↑ Sell  
    Euro Stoxx 50 4,417.25 ↑ Buy  
    S&P 500 4,594.63 ↑ Buy  
    DAX 16,397.52 ↑ Buy  
    FTSE 100 7,529.35 ↑ Sell  
    Hang Seng 16,847.00 Sell  
    Small Cap 2000 1,862.64 ↑ Buy  
    IBEX 35 10,140.80 ↑ Buy  
    BASF 43.240 ↑ Buy  
    Bayer 31.11 ↑ Buy  
    Allianz 235.25 ↑ Buy  
    Adidas 194.24 Neutral  
    Lufthansa 8.222 Sell  
    Siemens AG 156.00 ↑ Buy  
    Deutsche Bank AG 11.520 ↑ Buy  
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