Luttig’s departure adds to the management turmoil at Boeing as the nine-month grounding of the manufacturer’s best-selling jet drags on.
The shares were little changed at $330.40 at 9:36 a.m. Friday in New York. Boeing had gained 2.3% this year through Thursday, while the S&P 500 advanced 29%.
Boeing is under increased pressure in Washington after disclosing a new batch of internal communications about the Max’s development to the U.S. Federal Aviation Administration on Dec. 23. That was the same day Muilenburg stepped down.
The messages between Boeing employees paint a “very disturbing picture,” according to an aide to a House of Representatives committee. At least some of the messages were written by the same Boeing pilot whose 2016 communications became the subject of sharp questioning by lawmakers in October, Bloomberg News
The documents haven’t been released publicly. The staff of the Transportation and Infrastructure Committee are still reviewing the messages and didn’t provide detailed descriptions of what they contain.
“Similar to other records previously disclosed by Boeing, the records appear to point to a very disturbing picture of both concerns expressed by Boeing employees about the company’s commitment to safety and efforts by some employees to ensure Boeing’s production plans were not diverted by regulators or others,” a committee aide said in a statement.
Boeing said earlier this week that “the tone and content of some of these communications does not reflect the company we are and need to be.”
Luttig had served as a judge in federal appeals court before joining Chicago-based Boeing in 2006. Executives at the company have typically retired at 65.
(Updates with stock action in fourth paragraph.)
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Cécile Daurat
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