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BOEING DISMISSES CEO MULIENBURG TO RESTORE CONFIDENCE


(Reuters) - Boeing Co (BA.N) has ousted Chief Executive Dennis Muilenburg in an attempt by the world’s biggest planemaker to restore confidence as a prolonged crisis has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes.

Monday’s sacking coincides with Boeing struggling to mend relations with the regulators it needs to win over to get the grounded 737 back in the air. It also needs to regain trust with passengers and airline customers.

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