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Boeing Faces U.S. Guilty Plea Demand Over 737 Max Crashes: A Business Analysis

#Boeing737Max #AviationSafety #LegalUpdate

U.S. Seeks Guilty Plea from Boeing Over Fatal 737 Max Crashes

As a business analyst with 30 years of experience, I've been following the Boeing 737 Max saga closely. The latest development is a potential guilty plea from Boeing regarding the tragic crashes of two 737 Max planes. According to attorneys representing the families of the victims, U.S. prosecutors are preparing to request a guilty plea from Boeing.

The discussions between Justice Department lawyers and representatives of the victims' families and their legal counsel lasted approximately two hours on Sunday. However, Boeing has opted not to comment on the matter, leaving uncertainty about whether the company will agree to a plea deal.

This development comes after the Justice Department announced a review in May to determine if Boeing breached a settlement from 2021 that shielded the company from federal charges. The settlement followed Boeing's agreement to pay a $2.5 billion fine for a conspiracy charge linked to the 2018 and 2019 crashes of its popular 737 Max planes, resulting in the tragic loss of all 346 individuals aboard the two flights.

The Justice Department reopened the case after an incident in January where a door panel detached mid-flight from a new 737 Max 9 aircraft operated by Alaska Airlines, triggering a fresh crisis in safety and quality control for one of the world's major suppliers of large commercial airplanes.

Boeing acknowledged that two of its pilots deceived the Federal Aviation Administration by concealing the installation of a new flight-control system on the planes before they entered commercial service. This system was later implicated in the two crashes, as stated by the DOJ in 2021.

Original Article: https://www.cnbc.com/2024/06/30/us-seeks-guilty-plea-from-boeing-over-737-max-crashes.html

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