What Happened
Industry Leaders Discuss Streamlining Regulatory Approvals for Aircraft
The chief executives of Boeing, RTX, and GE Aerospace are meeting with U.S. Transportation Secretary Sean Duffy and Federal Aviation Administration chief Bryan Bedford to discuss changes aimed at accelerating regulatory approvals for aircraft, engines, and components. The meeting, held in Savannah, Georgia, includes Boeing CEO Kelly Ortberg, RTX CEO Christopher Calio, and GE Aerospace CEO Larry Culp. Government officials are seeking feedback on obstacles in the existing certification system and potential improvements, which could help aerospace manufacturers reduce development costs and improve cash flow. The meeting was reported by Bloomberg, citing people familiar with the discussions, and is part of the Transportation Department’s efforts to strengthen the competitiveness of U.S. aerospace manufacturers, as reported by TradingView News.