Boeing To Pay $2.5 billion in Penalties for 737 Max Misdeeds | Aviation International News

Boeing To Pay $2.5 billion in Penalties for 737 Max Misdeeds

U.S. Justice Department finds Boeing employees deceived the FAA about changes to the 737 Max’s flight control system.

Boeing 737 Max jets sit in storage in Moses Lake, Washington, in October 2019. (Photo: Barry Ambrose)

By Gregory Polek • Senior Editor

January 7, 2021

Boeing has agreed with the U.S. Department of Justice to pay more than $2.5 billion in penalties to resolve a criminal charge of conspiracy to defraud the Federal Aviation Administration’s Aircraft Evaluation Group (FAA AEG) in connection with its assessment of the 737 Max. Under the terms of a deferred prosecution agreement, the penalties consist of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 Max airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

South Korean Air Force Receives First KF-21 Fighter

Jet was first production example made by Korea Aerospace Industries

Korea Aerospace Industries KF-21

Uzbekistan Takes Delivery of First Embraer C-390

Milestone marks inaugural central Asian customer for Brazilian airframer

Grey C-390 in hangar

KlasJet Wins FAA Approval for U.S. ACMI Operations

Company targets seasonal peaks and capacity shortfalls

Boeing 737 from the rear, on the ground

Vertical Expands UK eVTOL Aircraft Manufacturing Site

Expanded facility at Cotswold Airport precedes final mass-production location

Vertical VX4 prototype being rolled into new hangar

Bye’s eFlyer 2 Electric Trainer Makes First Flight

Conforming prototype flew for about five minutes near Denver

eFlyer 2 in flight

Starfighters Space Sells Mach 2 Testing by the Sortie

Company says F-104 Starfighter jets offer a “wind tunnel in the sky”

Two Starfighters Space F-104s in flight

Australia Boosts Capability With Trio of ISR Platforms

Fleet now includes MQ-4C Triton, MC-55A Peregrine and the P-8A Poseidon

Royal Australian Air Force P-8A Poseidon and MC-55A Peregrine aircraft

Textron Aviation Marks Rollout of 500th Latitude

Aircraft entered service in 2015

Textron Aviation rollout of 500th Cessna Citation Latitude