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Airlines, airports saw bump in travel over holiday season — but it's not likely to last


Airlines, airports saw bump in travel over holiday season - but it s not likely to last
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Troops arrive by taxi, and others by military busses, at the San Antonio International Airport, Tuesday, Dec. 22, 2020. Troops from Joint Base San Antonio started the annual holiday break exodus on Saturday and will continue through part of this week.Jerry Lara, Staff / San Antonio Express-News
Over the recent holiday season, airlines and San Antonio International Airport and other such U.S. facilities took in more passengers than in any stretch since the pandemic began 10 months ago.
But the increase in travel isn’t expected to continue in the weeks ahead, and the temporary bump probably didn’t stem the airlines’ financial losses. ....

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Boeing fined $2.5 billion over 737 Max as the U.S. government files criminal fraud charges


Boeing will pay $2.5 billion to settle criminal fraud charges over 737 Max
Boeing’s payment will go to airlines harmed by the plane’s grounding and crash victims’ families.
Boeing 737 Max jets sit parked in Renton, Wash., in 2019.(Elaine Thompson / AP)
Federal prosecutors filed criminal fraud charges Thursday against airplane maker Boeing Co. for “impairing, obstructing, defeating and interfering” with U.S. regulators’ attempts to properly certify the 737 Max and its faulty software program before two fatal crashes.
As part of a deferred prosecution deal, Boeing agreed to pay $2.5 billion, including setting up a $500 million fund to pay claims by families of the 346 victims, according to the U.S. attorney for the Northern District of Texas, where the charges were filed. ....

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