Boeing to invest $1-billion in global safety drive, sources say

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Boeing to invest $1-billion in global safety drive, sources say GlobeBusiness

and the plane resumes flights, one of the people familiar with the matter said. The company currently expects that to happen in the United States by year-end.

The training initiative is still being developed and will be rolled out over years, one of the people said. While costs are expected to rise over time, the effort may overlap with future aircraft programs. Muilenburg said Boeing would help “build a talent pipeline” of pilots and invest heavily in the pilot-machine interface or fight deck for the next generation, but gave few details.A Boeing spokesman declined additional comment.

Boeing could also create a data-sharing network on aircraft design with global regulators, one of the people said, in a bid to improve outside knowledge of its aircraft technology and operations. Even before the crashes, the aircraft industry was bracing for a staffing shortfall of 1.5-million aircraft technicians and pilots over the next 20 years.

 

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