Oct 25, 2022 - Economy
Report: Ex-Boeing CEO in talks to buy Canadian airline
- Dan Primack, author ofAxios Pro Rata
Dennis Muilenburg, chief executive officer of Boeing Co., right, listens during a House Transportation and Infrastructure Committee hearing in Washington, D.C. Photo: Andrew Harrer/Bloomberg via Getty Images
Flair Airlines, a Canadian budget airline, is in talks to go public via New Vista Acquisition Corp., a blank check company led by former Boeing CEO Dennis Muilenburg, per Bloomberg.
Why it matters: Muilenburg was fired as Boeing's CEO in 2019 for fostering a culture that prioritized profits over safety, having led the company during the 737 MAX rollout.