Tag Archives: Boeing Max

The New York Times reports: Boeing reached a deal with the Justice Department on Friday that would spare the company from taking criminal responsibility for a pair of deadly 737 Max crashes in 2018 and 2019. Under the deal, which was staunchly opposed by many families of the victims of the fatal crashes, Boeing would admit to obstructing federal oversight, …

Courthouse News reports: Boeing will plead guilty to one count of conspiracy and the company’s board will pay over $940 million after the crashes of two 737 Max aircraft that killed 346 people, federal prosecutors told a federal judge Wednesday evening. Prosecutors say in the proposed plea agreement filed Wednesday that the Virginia-based aerospace manufacturer will plead guilty to conspiracy …

CNBC reports: Boeing agreed to plead guilty to a criminal fraud charge tied to the fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said the aerospace giant violated a 2021 settlement that shielded it from prosecution. Under the deal, Boeing agreed to pay a $243.6 million fine. An independent compliance monitor would also be installed …

Reuters reports: The U.S. Justice Department will criminally charge Boeing with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, two people familiar with the matter said on Sunday. The Justice Department planned to formally offer a plea agreement to Boeing later in the day, which includes a financial penalty and imposition of …

Reuters reports: U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters. The Justice Department must decide by July 7 whether to prosecute Boeing. The recommendation of prosecutors handling the case has not been …

Reuters reports: Relatives of the victims of two fatal Boeing 737 MAX crashes asked the Justice Department on Wednesday to seek a fine against the planemaker of up to $24.78 billion and move forward with a criminal prosecution. “Because Boeing’s crime is the deadliest corporate crime in U.S. history, a maximum fine of more than $24 billion is legally justified …

CBS News reports: Federal officials said Thursday they’re investigating an unusual rolling motion on a Southwest Airlines Boeing 737 Max 8 that might have been caused by a damaged backup power-control unit. The Federal Aviation Administration said it’s working with Boeing and the National Transportation Safety Board to investigate the incident on a May 25 flight from Phoenix to Oakland. …

USA Today reports: The National Transportation Safety Board issued a preliminary report into last month’s Alaska Airlines door plug blowout, saying evidence shows that four bolts were missing from the apparatus at the time of the incident. According to the NTSB, “two vertical movement arrestor bolts, two upper guide track bolts, forward lower hinge guide fitting, and forward lift assist …

NBC News reports: The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier this month revealed that “many” of the aircraft were found to have loose bolts. In an exclusive interview with NBC News senior correspondent Tom Costello, Alaska Airlines CEO Ben Minicucci discussed the findings …

Reuters reports: The U.S. Federal Aviation Administration is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight last week in mid-air, forcing an emergency landing, the regulator said on Thursday. The FAA on Saturday grounded 171 Boeing MAX jets with the same panel pending safety inspections. Most are operated …

Bloomberg News reports: Boeing Co. Chief Executive Officer Dave Calhoun fought back tears as he said the planemaker must own up to its shortcomings as it grapples with a safety incident that has renewed questions over the quality of its manufacturing. “We’re going to approach this — No. 1 — acknowledging our mistake,” Calhoun told Boeing employees Tuesday during a …

The Guardian reports: United Airlines has found loose bolts on multiple 737 Max 9 aircraft, it said Monday, referring to the Boeing model that has been grounded after a panel blew off an Alaska Airlines-operated plane in mid-flight over the weekend. Industry publication Air Current reported that United found discrepant bolts on other parts on at least five panels that …

The Messenger reports: A portion of an Alaska Airlines plane’s fuselage that blew away mid-flight on Friday was located Sunday night in Portland, Oregon, according to an National Transportation Safety Board official. A school teacher only identified as “Bob” found the door plug portion of Flight 1282 in his backyard, NTSB Chair Jennifer Homendy told reporters Sunday night. “So, thank …

Yahoo News reports: Boeing’s 737 Max is one large step closer to returning to American skies after being grounded for over a year and a half. The FAA has issued an order effectively clearing the 737 Max’s return to service once airlines follow key procedures. They’ll have to install Boeing’s updated software, use updated manuals and procedures, rework horizontal stabilizer …

CNBC reports: For the first time in decades, Boeing’s commercial airplane business lost orders over the course of an entire year, a stark example of just how much the 737 Max crisis has hurt the company. For all of 2019, Boeing lost orders for 87 commercial airplanes, meaning it had more cancellations than new purchases, the company said Tuesday. The …

The New York Times reports: Dennis A. Muilenburg, who was ousted as Boeing’s chief executive last month as the company contended with the biggest crisis in its history, will depart with more than $60 million, the company said Friday. Mr. Muilenburg will not receive any additional severance or separation payments in connection with his departure, and Boeing said he had …

The New York Times reports: Boeing on Monday fired its chief executive, Dennis A. Muilenburg. It said Dave Calhoun, the chairman, would replace Mr. Muilenburg, on Jan. 13. Until then, Boeing’s chief financial officer, Greg Smith, will serve as interim chief executive, the company said. Boeing said in a statement that its board of directors “decided that a change in …

The Daily Beast reports: The Federal Aviation Administration’s own analysis reportedly showed Boeing 737 MAX jets could have one fatal crash every two or three years—but it decided to allow the planes to fly anyway. The Wall Street Journal reports that U.S. regulators carried out an analysis showing the MAX could become one of the most accident-prone airliners in decades …