On Friday, May 23, the United States Justice Department announced it reached a deal with Boeing for allegedly misleading U.S. regulators about its 737 Max airplane before two crashes five months apart that killed 346 people.

Boeing’s fundamentals have been improving, but the recent spike up in the stock seems to be more about investors being afraid not to own it, Vertical Research said.

Air NZ Boeing 777 ZK-OKN has been damaged and is grounded after hitting an airbridge at Brisbane Airport. File photo / Wikipedia Commons A damaged Air New Zealand jet will return to Auckland today at low level,

WASHINGTON (AP) — The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people, according to court papers filed Friday.

Many relatives of the passengers who died in the Boing 2018 and 2019 crashes have spent years pushing for a public trial.

In its fourth annual safety report since the deadly MAX crashes, Boeing laid out a multi-pronged safety plan and said it's seeing progress.