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Boeing’s Jetliner Chief Steps Down

Oct.22 -- Boeing Co. said Kevin McAllister is stepping down as head of its jetliner division after less than three years amid a crisis engulfing the 737 Max and production snarls with other planes. Meanwhile, S&P Global Ratings lowered the outlook on Boeing’s credit grades to negative, citing the possibility that the planemaker misled the U.S. Federal Aviation Administration amid a probe into the airplane. Su Keenan reports on "Bloomberg Daybreak: Australia."



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