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Boeing completes deal with US govt to plead guilty over 737 Max crashes

Business Standard LogoBusiness Standard21h ago

Boeing completes deal with US govt to plead guilty over 737 Max crashes - Business Standard

Quick Summary:

The government also determined that Boeing failed to adopt policies and procedures to limit risks from “out-of-sequence” work done to correct earlier assembly of its aircraft.

But in an unusual move, the Justice Department concluded in May that the company violated the 2021 deferred-prosecution deal — a move that occurred after the in-flight blowout of a fuselage panel on an Alaska Airlines 737 Max 9 jet on Jan.5.

That matches the amount it paid under a 2021 deferred-prosecution agreement that the Justice Department later determined the company had violated, the filing showed.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 09:29:29 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 710 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21768217

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 302 posts per day

Year Established: 1975

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News Last Updated: 6 hours ago

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Publisher ID: #49

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