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☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

☆ Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes
▼ + stars: | 2024-07-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: 1 min

Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Boeing will plead guilty to a criminal fraud charge tied to the 737 Max crashes, months after a near-catastrophe in January prompted the Justice Department to revisit a 2021 settlement that protected Boeing from prosecution. The plea deal, outlined in a filing late Sunday, requires the approval of a federal judge. Under the deal, Boeing would pay a $243.6 million fine, equal to the amount it paid in the 2021 settlement. "We can confirm that we have reached an agreement in principle on terms of a resolution with the Justice Department, subject to the memorialization and approval of specific terms," Boeing said in a statement.

Organizations: Ethiopian Airlines, Boeing, Justice Department Locations: Bishoftu, Debre Zeit, Addis Ababa, Ethiopia

REUTERS/Baz RatnerMay 30 (Reuters) - A U.S. judge ruled late on Tuesday that relatives of those killed in a 2019 Boeing (BA.N) 737 MAX Ethiopian Airlines crash may seek compensation for pain and suffering of passengers before the plane hit the ground. Boeing in 2021 agreed to acknowledge liability for compensatory damages in lawsuits filed by families of the 157 people killed in the fatal Ethiopian 737 MAX crash. A total of 346 people were killed in two fatal Boeing 737 MAX crashes - including the earlier October 2018 Lion Air crash in Indonesia. The Ethiopian Airlines crash prompted the worldwide grounding of the MAX in March 2019 for 20 months, costing Boeing more than $20 billion. As a result of the 2021 agreement, lawyers for the Ethiopian Airlines victims agreed not to seek punitive damages and Boeing did not challenge the lawsuits being filed in Illinois.

Persons: Baz Ratner, planemaker, Jorge Alonso, Alonso, District Judge Reed O'Connor, David Shepardson, Christian Schmollinger Organizations: Boeing, Ethiopian Airlines, REUTERS, U.S, District, MAX, Justice, Thomson Locations: Bishoftu, Addis Ababa, Ethiopia, U.S, Illinois, Indonesia, Texas

☆ Judge rejects Boeing argument that plane crash victims, having died on impact, did not suffer long
▼ + stars: | 2023-05-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

CNN —A federal judge rejected arguments from attorneys for Boeing that it should not have to pay for the pain and suffering of 157 victims of a March 2019 Boeing 737 Max crash because they all died on impact. Ethiopians search for remains at the Ethiopian Airlines Flight 302 plane crash before a commemoration ceremony at the scene of the crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 13, 2019. REUTERS/Baz Ratner Baz Ratner/ReutersThe flight was an Ethiopian Airlines plane that crashed on March 10, 2019. One of the attorneys for the Ethiopian Airlines crash victims praised the judge’s ruling. “We are deeply sorry to all who lost loved ones on Lion Air Flight 610 and Ethiopian Flight 302,” it said.

Persons: Jorge Alonso, Alonso, “, ”, Baz Ratner Baz Ratner, Robert Clifford, ” Clifford Organizations: CNN, Boeing, Federal, Ethiopian Airlines, REUTERS, Ethiopian, Lion Air Locations: Chicago, Bishoftu, Addis Ababa, Ethiopia

☆ Boeing lawyers argue 737 MAX crash victims didn't have time to feel pain as plane slammed into the ground
▼ + stars: | 2023-03-18 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +5 min

Legal disputes are ongoing to determine what damages Boeing might owe families of crash victims. Boeing attorneys say they don't have to pay for pain felt by passengers because they crashed too fast to feel pain. Boeing's lawyers said in the filing that under Illinois law, damages can only be paid for crash victims "conscious pain and suffering" if there is verifiable evidence that suffering occurred. People walk past a part of the wreckage at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia. "We are deeply sorry to all who lost loved ones on Lion Air Flight 610 and Ethiopian Flight 302," Boeing said in a statement to Insider.

☆ U.S. safety experts dispute aspects of Ethiopia 737-MAX air crash findings
▼ + stars: | 2022-12-28 | by ( ) www.reuters.com time to read: +4 min

[1/6] Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. The United States National Transportation Safety Board (NTSB), in dissenting comments included in the Ethiopian report, disagreed with at least two key findings of the investigation into the crash of a Boeing 737-MAX flight. Boeing has previously said the MCAS was a safety feature and the issues identified after the crash of flight 302, which followed one of a similar plane in Indonesia five months earlier, have been rectified. "Discussion of crew resource management and performance were still not sufficiently developed in the draft final report," the NTSB said. The accident involving Flight 302 followed another incident five months earlier, when the same model crashed in Indonesia, killing 189 people.

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