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New York CNN —Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program, after a dramatic – and terrifying – midair blowout in January underscored ongoing problems with the jet. But he had previously held roles related to the 737 Max, including as chief engineer and chief 737 mechanic. It created a new executive position, Senior Vice President for BCA Quality, and named Elizabeth Lund to that position. Mike Fleming, who had previously been senior vice president of development and customer service, will assume the role Lund previously held. And Katie Ringgold, who had been vice president of 737 Max deliveries, will assume Clark’s former position overseeing the Max.
Persons: Ed Clark, Max, Dave Calhoun, , ” Clark, Elizabeth Lund, Lund, Mike Fleming, Katie Ringgold, Scott Kirby Organizations: New, New York CNN, Boeing, Max, Alaska Airlines, National Transportation Safety Board, NTSB, Boeing Commercial Airplanes, BCA Quality, – United Airlines, Delta Air Lines Locations: New York, Southwest, Alaska
Travelers (TRV) – Travelers added 1% in premarket trading after beating top and bottom line estimates for its latest quarter. Nasdaq (NDAQ) – Nasdaq gained 1.5% in premarket action after reporting better-than-expected profit and revenue for the third quarter. Netflix (NFLX) – Netflix surged 12.2% in premarket trading after reporting it added 2.4 million subscribers during its latest quarter. United Airlines (UAL) – United Airlines jumped 5.3% in premarket trading after reporting better-than-expected quarterly results and issuing an upbeat earnings forecast for the current quarter amid a continued surge in travel demand. ASML (ASML) – ASML reported better-than-expected quarterly sales and profit, as the semiconductor manufacturing equipment maker managed to thrive despite an overall industry slowdown.
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