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Boeing fined $2 5bn for Boeing 737 Max fraud

Software malfunctions linked to fatal crashes in Ethiopia, Indonesia

The Straits Times Software malfunctions linked to fatal crashes in Ethiopia, Indonesia Mourners carrying portraits of victims in the Ethiopian Airlines Flight 302 crash, which killed all 157 people on board, during a mass funeral in Addis Ababa, Ethiopia, in March 2019. PHOTO: AGENCE FRANCE-PRESSE PublishedJan 9, 2021, 5:00 am SGT https://str.sg/JDBR They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

Boeing To Pay $2 5 Billion To Settle Criminal Charges Over 737 Max Crashes | AM 600 WMT

By Bill Galluccio Jan 8, 2021 Boeing has entered into a deferred prosecution agreement to settle criminal charges for impeding the investigation into the crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302. Boeing agreed to pay more than $2.5 billion to settle a criminal charge related to a conspiracy to defraud the Federal Aviation Administration s Aircraft Evaluation Group. Federal prosecutors accused Boeing of deceiving the FAA about an important aircraft part called the Maneuvering Characteristics Augmentation System (MCAS) that impacted the flight control system of the Boeing 737 MAX. The MCAS system was found to be at fault for both crashes. Today s deferred prosecution agreement holds Boeing and its employees accountable for their lack of candor with the FAA regarding MCAS,  said Special Agent in Charge 

Boeing charged with conspiracy to defraud U S , must pay $2 5 billion

Boeing to pay $2 5 bn to settle US fraud charges after MAX crashes

Boeing to pay $2.5 bn to settle US fraud charges after MAX crashes AFP 1/7/2021 AFP © TASOS KATOPODIS Family members and friends of victims killed in Boeing 737 MAX at a December 2019 congressional hearing US prosecutors on Thursday hit Boeing with $2.5 billion in fines, settling a criminal charge over claims the company defrauded regulators overseeing the 737 MAX, which was grounded worldwide following two deadly crashes. Popular Searches The Department of Justice (DOJ) said Boeing reached a deferred prosecution agreement related to the company s pronouncements to regulators during the certification of the MAX, which was taken out of service for 20 months after the crashes and only recently cleared to return to the skies.

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