Global Economy News

Boeing has pleaded guilty to two deadly 737 Max crashes

According to Tasnim news agency, quoted by AFP, the American aerospace giant Boeing announced on Monday that in the case of two deadly 737 Max accidents, it reached an agreement with the Ministry of Justice of this country, which shows that the aircraft company is guilty of its crime according to the documents. The court has acknowledged.

The settlement comes after prosecutors said Boeing breached obligations under an earlier agreement to address the cause of the two crashes, which occurred more than five years ago in Ethiopia and Indonesia.

According to the report, two separate Boeing 737 Max 8 crashes, one involving Line Air and the other involving Ethiopian Airlines, occurred within a span of less than five months between 2018 and 2019, killing 346 people.

Boeing said in its statement: “We reached an agreement in principle on the terms of the resolution with the Department of Justice.”

The families of the victims immediately filed an appeal against the decision, saying the settlement “unfairly grants Boeing privileges that other criminal defendants will never receive.”

Court documents filed in Texas on Sunday said the company pleaded guilty to “conspiracy to defraud the United States” during the flight permit process for the Max plane.

Under the settlement, Boeing will avoid a criminal trial and instead agree to a set of conditions, including a $243.6 million fine in addition to the same amount already paid.

It was previously announced that the agreement would also impose a mandatory independent monitor to measure Boeing's safety procedures and compliance with the rules for three years.

In 2021, after Boeing admitted to lying to the Federal Aviation Administration (FAA) about its flight control system, it agreed to pay more than $2.5 billion as part of a settlement with the US Department of Justice.

In both crashes in recent years, faulty control system sensor readings caused the 737 Max jets to suddenly fall from the nose of the plane. If Boeing had followed through on the deal, it would have been freed from the charge after a three-year term ending in July of this year.

In May, federal prosecutors charged Boeing with violating the terms of the agreement, alleging that the company had not lived up to its obligations.

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Mhd Narayan

Bringing over 8 years of expertise in digital marketing, I serve as a news editor dedicated to delivering compelling and informative content. As a seasoned content creator, my goal is to produce engaging news articles that resonate with diverse audiences.

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