2024-07-08 09:03:12
Business
Regulation
Transportation

Boeing's Guilty Plea in 737 Max Crashes Investigation

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Boeing has agreed to plead guilty to fraud in connection with the fatal 737 Max crashes, leading to the loss of 346 lives in Indonesia and Ethiopia. The guilty plea aims to conclude the U.S.

Department of Justice's investigation, with Boeing facing a criminal fine of $243.6 million and committing to invest over $455 million in safety and compliance programs over three years. This plea deal could tarnish Boeing's reputation as a convicted felon, potentially impacting its future contracts with entities like the U.S.

Department of Defense and NASA. Despite the resolution with the Justice Department, relatives of the crash victims have expressed disappointment with the agreement, highlighting the tragic consequences of Boeing's actions.

News - South China Morning Post
8. Juli 2024 um 04:49

Boeing to plead guilty to fraud in US probe of fatal 737 Max crashes | South China Morning Post

Economy
Technology
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve a US Justice Department investigation linked to two 737 Max fatal crashes. The company will pay a criminal fine of $243.6 million and invest at least $455 million over the next three years to strengthen its safety and compliance programs. The plea deal will brand Boeing as a convicted felon, potentially threatening its ability to secure lucrative government contracts, but it will also allow the company to move f..
DER SPIEGEL
8. Juli 2024 um 06:04

737 Max Crashes: Boeing to Plead Guilty - DER SPIEGEL

Economy
Politics
Boeing will plead guilty to fraud in connection with the 737 Max crashes in order to end the U.S. Department of Justice's investigation. A total of 346 people were killed in the accidents in Indonesia and Ethiopia. The guilty plea could make it more difficult for Boeing to secure lucrative contracts with the U.S. Department of Defense and NASA in the future.
Al Jazeera
8. Juli 2024 um 06:56

Boeing to plead guilty to avoid trial over fatal 737 Max crashes

Economy
Boeing has agreed to plead guilty to fraud to avoid going on trial in the United States on charges stemming from two fatal crashes involving its 737 Max. Under the plea deal, Boeing would pay a fine of $243.6m and be required to invest at least $455m in its compliance and safety programmes. The plea agreement only covers the corporation of Boeing, not any current or former employees. Lawyers for some of the relatives of the victims said they would ask the Texas court where the plea will be ent..
Deutsche Welle
8. Juli 2024 um 07:47

News in Brief: Boeing Admits Guilt in 737 Crashes

Politics
Boeing admits fraud in the 737 MAX crashes, must pay a $243.6 million fine and invest at least $455 million in safety programs. French Prime Minister Attal offers to resign after a deadlock in the parliamentary election. Zelenskyy receives ministers from the Netherlands and the United Kingdom, who promise further weapons deliveries.
CW

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