The company has been mired in the worst crisis in its 103-year history since the crashes of two 737 Max jets killed 346 people. The plane has been grounded since March, and Boeing has faced cascading delays as it tries to return the Max to the air.
The company said David Calhoun, the chairman, would replace Mr. Muilenburg on Jan. 13. Until then, Boeing’s chief financial officer, Greg Smith, will serve as interim chief executive, the company said.
Firing Muilenburg won’t mend the damaged reputation nor will it fix the highly problematic MCAS system that plagues the 737 Max aircraft, but it will catalyze Boeing to switch gears. Never mind the fact, Boeing’s Starliner spacecraft test over the weekend was an orbital failure.
Previously, the ramifications of Boeings accumulated failures had begun as a slow moving tidal wave affecting airline operators such as Southwest being forced to leave Newark. Now, as the plane’s future remains unclear, aerospace supply chains have begun to feel the pressure as well. Boeing, just a week ago — halted the production of the Boeing 737 Max airplane. As many as 8,000 suppliers and third-party vendors will be affected by the halted production.
Not good.
