Boeing’s 737 Max Returns; Pfizer’s Covid Vaccine Proves 95% Effective

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 18 November 2020

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

As Covid cases rise and states impose new curfews to stem the spread, Pfizer & BioNtech have unveiled their coronavirus vaccine’s final data analysis. Their vaccine proved 95% effective in preventing the coronavirus, higher than preliminary data originally revealed. Former FDA Commissioner and Pfizer board member Dr. Scott Gottlieb discusses the bumpy but significantly shorter road to the end of the pandemic. He addresses next steps for lawmakers, Moderna, and Pfizer as they strategize vaccine supply and distribution. Plus, the Federal Aviation Administration has cleared the Boeing 737 Max to fly again, 20 months after it grounded the aircraft in the wake of two deadly crashes. In a CNBC exclusive interview, FAA Administrator Steve Dickson recounts the plane’s extensive safety reviews, discusses the journey ahead to restore confidence in the aircraft, and addresses concerns about his own agency’s relationship with Boeing.

Transcript

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0:00.0	This is Squawk Pod. I'm C. M.C. producer Katie Kramer, today on our podcast.
0:07.0	Pfizer's coronavirus vaccine is even more successful than preliminary data revealed.
0:12.0	We'll hear from Dr. Scott Gottlie.
0:13.4	These vaccines have the potential to be real game-changers as we go into 2021.
0:17.5	You can effectively end the US epidemic if you're able to
0:20.2	widely deploy a vaccine that's more than 95% effective.
0:24.2	And Boeing 737 Max is finally on its way back to commercial service.
0:28.4	After 20 months of safety reviews, the FAA has ungrounded the plane, Administrator Steve Dixon.
0:34.2	I'm 100% confident.
0:35.7	It's the most scrutinized transport airplane in history
0:38.9	and it's ready to go.
0:40.0	Plus the FAA responds to concerns that it's been too cozy with Boeing in the past.
0:44.8	This is not the old FAA relationship with Boeing.
0:47.6	We have reset that relationship.
0:49.6	It's Wednesday, November 18, 2020.
0:52.6	We've got to crank it up, crank it up to production.
0:54.8	Let's get going.
0:55.6	Squawk Pot begins right now.
0:58.6	Good morning, everybody.
0:59.8	Welcome to Squawk Box here on C.N.
1:01.4	I'm Becky Quick, along with Joe Kurnen and Mike Santoli. Welcome to Squack Box here on C. M. B. C. C. C. C. C. C. And
1:05.0	is off today.
	...

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