Workers in the airport's air traffic country facility in Philadelphia encountered more than 300 unscheduled equipment outages or malfunctions between January 1 and June 1 of this year.

Boeing has pulled out of this week’s Paris airshow, which is traditionally an important event for aircraft manufacturers to announce big orders, saying it would instead focus on the investigation. 

Bedford would join the FAA at a critical juncture as it prepares to carry out a massive overhaul of its aging air traffic control system.

However, analysts warn that a prolonged trade war could produce lasting macroeconomic impacts on the country.

If confirmed, Bedford will lead the FAA at a critical time, as it deals with the aftermath of a deadly midair collision, oversight of Boeing over quality lapses, and the ambitious plan to overhaul air traffic control.

Chinese government officials on May 12 lifted a ban on airlines taking delivery of Boeing planes after striking a truce with the U.S.

As part of the agreement, Boeing will pay $1.1 billion, with $444.5 million going toward the families of victims, and the remaining $455 million to improvements for regulatory compliance and safety.

The manufacturing sector has been in contraction for most of the past two years.

Pending FAA approval, Boeing also hopes to soon increase production of its 737 Max to 42 planes per month, with a goal to produce 47 per month by the end of the year.

The new agreement — reached over strong objections from some victims’ families — still needs to be approved by U.S. District Judge Reed O’Connor.