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Boeing chief defends his record amid production delays

Dave Calhoun says that the company could launch a new plane without having to tap shareholders

Boeing chief executive Dave Calhoun has defended his record at America’s largest aerospace company, insisting that he has sharpened its focus on engineering and that the indebted group could launch a new aircraft without having to raise money from shareholders.

Calhoun said the company had made significant progress since he took the top job two-and-a-half years ago, when Boeing was reeling from the grounding of its 737 Max following two crashes.  

“We all have to put two-and-a-half years in perspective, and what we’ve done as a leadership team to get ahead of each and every one of our big issues and no they are not complete,” Calhoun said in an interview.

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