Dan Elwell becomes acting FAA Administrator on January 7, 2018, when Michael Huerta’s five-year term ends, exemplifying the revolving door between aviation regulators and the industry they oversee. Elwell, who had served as Deputy Administrator since June 2017, brought extensive aviation …
Dan ElwellFederal Aviation AdministrationMichael HuertaTransportation Secretary Elaine ChaoBoeing Corporation+7 moreregulatory-capturefaa-leadershipboeing-737-maxrevolving-dooraviation-regulation+1 more
Dan Elwell becomes acting FAA Administrator on January 7, 2018, when Michael Huerta’s five-year term ends, exemplifying the revolving door between aviation regulators and the industry they oversee. Elwell, who had served as Deputy Administrator since June 2017, brought extensive aviation …
Dan ElwellFederal Aviation AdministrationMichael HuertaTransportation Secretary Elaine ChaoBoeing Corporation+7 moreregulatory-capturefaa-leadershipboeing-737-maxrevolving-dooraviation-regulation+1 more
Boeing’s Board of Directors approved the launch of the re-engined 737 MAX on August 30, 2011, abandoning plans to develop an entirely new aircraft design. The decision came after Airbus launched the A320neo in December 2010 and captured 1,029 orders by June 2011, including a historic defection …
Boeing Board of DirectorsJim McNerneyAmerican AirlinesAirbusCFM Internationalboeing737-maxairbuscost-cuttingcorporate-strategy+1 more
In May 1985, Carl Icahn orchestrated a hostile takeover of Trans World Airlines (TWA), becoming a quintessential example of 1980s corporate raiding. Icahn acquired 50% of TWA through a leveraged buyout, eventually taking full control by 1988. His strategy involved systematically selling the …
Carl IcahnTrans World AirlinesAmerican Airlinescorporate-raidingasset-strippingleveraged-buyoutscorporate-destruction1980s-financial-history