FAA warns Boeing’s profitability is at stake if it doesn’t improve By Reuters

WASHINGTON (Reuters) – The head of the Federal Aviation Administration told a U.S. Senate panel on Wednesday that Boeing (NYSE: affect company profits.

FAA Administrator Mike Whitaker capped production at 38 planes per month in January.

“They can’t grow where they need to grow without” making broad safety improvements in six key categories, Whitaker said. “They don’t do that, they don’t grow, and if they don’t grow, they won’t be able to achieve profitability.”