Boeing to pay $1.1 billion
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After a disastrous stretch of scandals linked to the 737 MAX jet, the plane maker is listening closely when workers find problems.
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.
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.
U.S. planemaker Boeing has returned to a more "dynamic" production profile after years of uncertainty surrounding setbacks to its 737 MAX passenger jet, the head of engine maker and key Boeing supplier Safran said on Thursday.
A damaged Air New Zealand jet has returned to Auckland after a low-level, unpressurised flight - and without passengers - after it hit an airbridge in Australia. An Air New Zealand Boeing 777 with a punctured fuselage has landed safely in Auckland tonight after an unpressurised flight at low altitude.
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The U.S. Department of Justice said Boeing must pay $1.1 billion, including $445 million for the crash victims' families.
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Latin Times on MSNBoeing to Pay Justice Department $1.1 Billion to Settle 737 Safety Fraud Case: 'Deadliest Corporate Crime in US History'Boeing and the DOJ reached an agreement allowing the aerospace giant to avoid prosecution on criminal charges over two plane crashes that killed 346 people.
(Reuters) -The U.S. Justice Department should take Boeing to trial in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoid prosecution, a lawyer for some of the victims' families said.