The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen masks could fail during an emergency.
In time for the deadline imposed by the Department of Justice, Boeing agreed to plead guilty to “conspiracy to defraud the United States, specifically, the lawful function of the Federal Aviation Administration Aircraft Evaluation Group” during the original certification of the 737 MAX. This would reverse Boeing's previous plea of not guilty, which the company made during an arraignment of the case in January 2023.
Another incident involving a Boeing Co (NYSE:BA, ETR:BCO) jet was recorded overnight when a United Airlines flight lost a wheel during take-off from Los Angeles. “The wheel has been recovered in Los Angeles, and we are investigating what caused this event,” United said in a statement on Monday.
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S. Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday.
The Pentagon plans to assess Boeing's improvement plans and Justice Department deal before determining what impact the planemaker's plan to plead guilty could have on its government contracts, a U.S. defense official told Reuters on Monday.
US aviation regulators said Monday that thousands of Boeing 737 airplanes would need to be inspected, amid concerns that passenger oxygen masks could fail in emergencies.
Boeing Co‘s BA stock might have more room to fly.
The Federal Aviation Administration said Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen masks could fail during an emergency.
Boeing is in talks with the U.S. Defense Department over how the planemaker's planned guilty plea could affect its extensive government contracts, a person briefed on the matter said.
Boeing (NYSE: BA ) stock is in the news Monday after the airplane manufacturing company agreed to plead guilty in a lawsuit with the Department of Justice (DOJ). Boeing has reached an agreement with the DOJ to plead guilty to a criminal fraud charge.
Boeing (BA) has agreed to plead guilty to a charge of defrauding the federal government over the 2018 and 2019 crashes of a pair of 737 Max planes that killed more than 300 people, the Justice Department said in a Sunday night court filing.
Boeing is to plead guilty to a criminal fraud conspiracy charge to resolve a US investigation into two fatal 737 MAX crashes.