GE Aerospace's Larry Culp declined Boeing's request to take over as CEO, WSJ reports
A mid-air incident involving an Alaska Airlines-operated MAX 9 jet carrying 171 passengers created a full-blown safety and reputation crisis for the iconic planemaker.
Shortly after the incident, the U.S. Federal Aviation Administration barred Boeing from expanding production of its cash-cow 737 MAX family of jets without estimating how long the limitation will last. The restriction followed a series of separate quality issues that pressured deliveries last year.
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