Page 6 - Boeing

Boeing completes deal with US govt to plead guilty over 737 Max crashes

Details of the plea deal were disclosed Wednesday in a federal court filing after weeks of talks between Boeing and the US Justice Department

Boeing sees 20-yr jetliner market doubling as industry fights disruptions

The company expects the global freighter fleet to increase by two-thirds by 2043 to support similar growth in air cargo growth

Boeing guilty plea in crash case delayed as US Justice Dept finalises deal

The plea agreement will allow Boeing to avoid a criminal trial after the Justice Department determined that the company breached a 2021 deferred-prosecution agreement over two fatal crashes

Boeing case puts focus on plea agreements involving corporate defendants

After two jetliner crashes killed 346 people, a USD 2.5 billion settlement that let Boeing avoid criminal prosecution failed to resolve questions about the safety of the aerospace giant's planes. Federal prosecutors now accuse the company of failing to live up to terms of the 2021 settlement. Boeing has agreed to plead guilty to a felony fraud charge in a new deal with the Justice Department. The department hopes to file the detailed plea agreement Friday, but says it may need a few more days. Experts on corporate behaviour say whether the new agreement has a more lasting impact on safety than the earlier settlement could come down to how much power is placed in the hands of an independent monitor who is assigned to oversee Boeing for three years. Prosecutors made the appointment of such a monitor a condition of the plea deal, which also calls for Boeing to pay a new USD 243.6 million fine. Your real concern is protecting against the loss of future lives in future crashes, and that

Boeing's Washington factory workers pass strike sanction vote, says union

Boeing's labor talks come as the US planemaker loses ground to rival Airbus and navigates a crisis that erupted after a door plug blew off an Alaska Airlines 737 MAX jet

Sunita Williams sends her 1st message to Earth; know all about her mission

Astronaut Sunita Williams, along with her mission commander Butch Wilmore, face uncertainty as they remain stuck in space for over a month due to technical snag with the Boeing Starliner

Boeing plea deal: Manufacturer has long road ahead to regain public trust

Boeing has agreed to plead guilty to a fraud charge resulting from failing to disclose critical design elements to regulators responsible for certifying the 737 MAX aircraft

Boeing begins long-delayed 777-9 certification flight testing with US FAA

The company said it conducted its first flight on Friday night after receiving Type Inspection Authorization (TIA)

Nato summit showcases significant defence deals for RTX, Boeing, and others

Norway's Nammo and RTX's Raytheon business unit agreed to partner to build rocket motors

FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue

The FAA said it was requiring the inspections of 737 MAX and NG airplanes after multiple reports of passenger service unit oxygen generators shifting out of position

How Boeing's plea deal could affect planemaker: All you need to know

The deal follows a DOJ finding in May that Boeing breached a 2021 agreement that had shielded it from prosecution

Boeing to plead guilty to avoid US criminal trial over 737 Max crashes

Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night. Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence or facing a trial on the felony criminal charge of conspiracy to defraud the United States. Prosecutors accused the American aerospace giant of deceiving regulators who approved the airplane and pilot-training requirements for it. The plea deal, which still must receive the approval of a federal judge to take effect, calls for Boeing to pay an additional $243.6 million fine. That was the same amount it paid under the 2021 settlement that the Justice Department said the company breached. An independent monitor would be named to oversee Boeing's safety and quality procedures for three ...

Boeing planning to acquire key supplier Spirit AeroSystems for $4.7 bn

Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice. Boeing previously owned Spirit, and the purchase would reverse a longtime Boeing strategy of outsourcing key work on its passenger planes. That approach has been criticized as problems at Spirit disrupted production and delivery of popular Boeing jetliners, including 737s and 787s. We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more broadly, Boeing President and CEO Dave Calhoun said in a statement late Sunday. Concerns about safety came to a head after the Jan. 5 blowout of a panel on an Alaska Airlines 737 Max 9 at 16,000 feet over Oregon. The Federal Aviation Administration soon after announced increased oversight of Boeing and Spirit, which supplied the

After regulatory review, Boeing restarts new plane deliveries to China

New Boeing deliveries to China have been off and on since 2019 after two fatal crashes of MAX 8 jets and amid intensifying tensions over issues ranging from technology to national security

Boeing agrees to purchase Spirit Aero for $4.7 billion in stock deal

Boeing plans to take control of the Spirit's manufacturing that supports its commercial jet line-up, including building frames for its cash-cow 737 Max

Troubles mount for Boeing amid whistleblower claims of lapses on 787 jets

The FAA has received more than 11 times as many Boeing whistleblower reports in the first five months of this year compared to all of 2023

US prosecutors recommend DOJ criminally charge Boeing as deadline looms

The Justice Department must decide by July 7 whether to prosecute Boeing. The recommendation of prosecutors handling the case has not been previously reported

Boeing expected to evade criminal charges for violating settlement: Report

The agreement included money to compensate victims' relatives and required Boeing to overhaul its compliance practices

Malaysia-bound flight returns back to Hyderabad due to technical snag

The Boeing 737-800 aircraft departed at 12:45 am from Hyderabad and was scheduled to land at Kuala Lumpur International Airport at 7:10 am but it returned back around 4 am due to technical reasons

Sunita Williams stuck in space: After launch, Starliner's return delayed

Everything you need to know about Sunita Williams' space mission, Boeing Starliner setbacks and delays