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Boeing to plead guilty to fraud related to fatal 737 Max crashes

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Boeing has agreed to plead guilty to conspiring to defraud the government in a case linked to crashes of its 737 Max jets in Indonesia and Ethiopia that killed 346 people — a stunning turn for the aerospace giant after the Justice Department determined that Boeing failed to live up to terms of a 2021 deal to avoid prosecution.

he plea deal, which requires a judge’s approval, would brand the planemaker a convicted felon in connection with crashes in Indonesia and Ethiopia over a five-month period in 2018 and 2019 that killed 346 people.

The settlement drew swift criticism from victims’ families who wanted Boeing to face a trial and suffer harsher financial consequences.

The Justice Department’s (DOJ) push to charge Boeing has deepened an ongoing crisis engulfing Boeing since a separate January in-flight blowout exposed continuing safety and quality issues at the planemaker.. A guilty plea potentially threatens the company’s ability to secure lucrative government contracts with the likes of the U.S. Defense Department and NASA, although it could seek waivers. (BBC News)

The post Boeing to plead guilty to fraud related to fatal 737 Max crashes appeared first on DailyNews.

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