A plea deal from Boeing Co (NYSE:BA, ETR:BCO) to resolve a legal matter related to two fatal crashes involving its airplanes has been rejected by a United States judge. The Boeing 737 MAX crashes in 2018 and 2019, involving Lion Air Flight 610 and Ethiopian Airlines Flight 302, were caused by issues with the aircraft's MCAS system, inadequate pilot training, and regulatory oversight failures, leading to 346 fatalities and a global grounding of the fleet.
Boeing's plea deal with the U.S. government was blocked by a federal judge. Transcript: Conway Gittens: The economy added 227,000 jobs in November, which was slightly ahead of forecasts.
Dave Komendat, DSKomendat Risk Management Services president and former Boeing chief security officer, joins 'Squawk Box' to discuss the security protocols for corporate America in the wake of the shooting of UnitedHealthcare CEO Brian Thompson, the threats to corporate America, and more.
A federal judge on Thursday rejected a deal that would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine for misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people.
The head of the Federal Aviation Administration said on Thursday that Boeing has not yet resumed producing 737 MAX airplanes following a machinists strike, but plans to begin later this month.
Plane giant's agreement to plead guilty to fraud after two jet crashes was called ‘sweetheart' deal by relatives of victims
A judge rejected Boeing's plea deal with US prosecutors over 737 Max crashes. The deal involved Boeing pleading guilty to fraud and paying a $243.6 million fine.
Boeing and the Justice Department now have 30 days to update the court on how they plan to proceed in the case.
A federal judge on Thursday rejected a plea deal between Boeing and the Justice Department, after the aerospace firm agreed to plead guilty to a fraud charge and pay more than $243 million to resolve cases linked to two fatal plane crashes, killing a combined 346 people in 2018 and 2019, after the victims' family members opposed the agreement.
Court rejects Boeing plea deal tied to 737 Max crashes
A U.S. federal judge on Thursday rejected Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, court documents showed.
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