Boeing Company (BA)
As the deadline looms, uncertainty and conflicting reports cloud whether the Justice Department will prosecute Boeing
The Justice Department is considering whether to bring criminal charges against Boeing. The NYT reported it could offer a second settlement, while Reuters said prosecutors recommend charges.
US prosecutors recommend criminal charges against Boeing for violating settlement: report
U.S. prosecutors have recommended that the Department of Justice (DOJ) bring criminal charges against Boeing for violating a settlement related to two fatal crashes.
Prosecutors recommend DOJ file criminal charges against Boeing: report
US prosecutors recommended the DOJ file federal criminal charges against Boeing, Reuters reported. In May, officials found the company violated a 2021 settlement agreement related to two fatal crashes.
Exclusive: US prosecutors recommend DOJ criminally charge Boeing as deadline looms
U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters.
Stephanie Pope Has The One Thing Boeing's CEO Says His Successor Needs
During a sometimes painful Senate Committee hearing this week, Boeing CEO Dave Calhoun faced the wrath of 737 MAX victim families and continued questioning over his $33 million salary. Though he is, by far, not the highest-paid CEO in the U.S., the recent series of debacles at Boeing have made Calhoun an easy target.
Boeing 777 operated by KLM returns to Amsterdam due to technical problem
A Boeing 777 aircraft operate1d by Dutch airline KLM returned to Amsterdam's Schiphol airport on Sunday after reporting an unspecified technical problem, national air traffic control said.
Boeing Nearing Resolution Of Spirit AeroSystems Stalemate
The next day after the publication of the Forbes article “The Conundrum Facing Boeing and Spirit AeroSystems” Reuters reported Boeing was close to achieving a deal to buy back the troubled fabricator of aerostructures. The main breakthrough, as referenced in the Forbes article, appears now to be an agreement by which Airbus would buy back the Spirit plants in Kinston, NC and Belfast, Northern Ireland.
Boeing & Spirit AeroSystems Deal Imminent—UK Union Raises Concerns
Boeing is nearing a deal to buy back Spirit AeroSystems. The key supplier and former subsidiary, is reported to have made progress with its other chief customer, Airbus, to separate the divisions that handle the Boeing rival's work.
Boeing's Starliner return to Earth delayed indefinitely
NASA and Boeing indefinitely postponed the Starliner spacecraft's return from the International Space Station to Earth, NASA said on Friday.
Spirit AeroSystems Stock Jumps on Reports Boeing Is Close to Reacquiring the Company
Shares of aerospace parts manufacturer Spirit AeroSystems (SPR) jumped 6% Friday following reports it is nearing a deal to be reacquired by Boeing (BA), as the troubled airplane manufacturer works to gain more control of its supply chain after the highly scrutinized January incident in which a door plug detached from a Boeing plane in midair.
Boeing could evade criminal charges for violating a settlement linked to fatal crashes
The U.S. Justice Department is considering allowing planemaker Boeing to escape criminal prosecution for violating the terms of a 2021 settlement related to two fatal 737 MAX crashes in 2018 and 2019, The New York Times reported on Friday.
Boeing Will Likely Avoid Criminal Charges After Violating $2.5 Billion Settlement Linked To Fatal Crashes, Report Says
Boeing is expected to avoid criminal prosecution after the Justice Department recently found it violated a $2.5 billion settlement shielding it from charges over two 737 Max 8 model crashes in 2018 and 2019 that killed a total of 346 people, according to The New York Times, which reported that department officials have deemed prosecution of Boeing “too legally risky.”
