Latest news with #737MAX9
Reuters
7 days ago
- Business
- Reuters
NTSB to hold June 24 hearing to determine cause of 2024 Boeing 737 MAX 9 mid-air emergency
June 2 (Reuters) - The National Transportation Safety Board will hold a June 24 hearing to determine the probable cause of a mid-air cabin panel blowout of a new Boeing (BA.N), opens new tab 737 MAX 9 flight in January 2024 that spun the planemaker into a major crisis. The board said Monday it will hold the hearing into the Alaska Airlines (ALK.N), opens new tab flight that prompted the Justice Department to open a criminal investigation and declare that Boeing was not in compliance with a 2021 deferred prosecution agreement. The incident badly damaged Boeing's reputation and led to the MAX 9 grounding for two weeks and a cap by the Federal Aviation Administration on the plane's production that remains in place.
Business Times
15-05-2025
- Business
- Business Times
US Justice Department to meet families of 737 MAX victims on Boeing criminal case
[WASHINGTON] The US Justice Department on Friday plans to meet with the victims of two Boeing 737 MAX crashes that killed 346 people in 2018 and 2019 ahead of a June 23 trial date the planemaker faces, according to a letter reviewed by Reuters. Last month, Boeing CEO Kelly Ortberg said the company was in discussions with the Justice Department to reach a revised plea agreement in a criminal fraud case stemming from the planemaker's alleged misrepresentations to regulators about a crucial flight control system on the 737 MAX. 'I want this resolved as fast as anybody,' Ortberg said in April at a US Senate hearing. 'Hopefully, we'll have a new agreement here soon.' Friday's virtual meeting will give victims' relatives the opportunity to confer with the Justice Department but the letter dated Wednesday did not disclose any update in the case. Boeing declined to comment. The Justice Department did not immediately respond to a request for comment. Last July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after the two fatal 737 MAX crashes in 2018 and 2019 in Indonesia and Ethiopia and to pay a fine of up to US$487.2 million. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The plea deal also included spending US$455 million to improve safety and compliance practices over three years of court-supervised probation as well as the appointment of an independent monitor for three years. Relatives of the victims of the crashes said the agreement was a 'sweetheart' deal that failed to adequately hold Boeing to account for the deaths of their loved ones. The two crashes led to the bestselling plane being grounded for 20 months and cost Boeing more than US$20 billion. The 2024 plea deal would brand Boeing a convicted felon for conspiring to defraud the Federal Aviation Administration about problems with software on the flight control systems during the MAX's certification. In May 2024, the DOJ found Boeing had violated a 2021 agreement that had shielded it from prosecution over the crashes. Prosecutors then decided to criminally charge Boeing and negotiate the current plea deal. The decision followed the January 2024 in-flight blowout of a door panel on a new Alaska Airlines' 737 MAX 9 missing four key bolts. Last month, Boeing reached settlements with families of two people who died in the 2019 Ethiopian Airlines 737 MAX crash on the eve of a trial. REUTERS
AsiaOne
15-05-2025
- Business
- AsiaOne
US Justice Department to meet families of 737 MAX victims on Boeing criminal case, World News
WASHINGTON — The US Justice Department (DOJ) on Friday (May 16) plans to meet with the victims of two Boeing 737 MAX crashes that killed 346 people in 2018 and 2019 ahead of a June 23 trial date the planemaker faces, according to a letter reviewed by Reuters. Last month, Boeing CEO Kelly Ortberg said the company was in discussions with the Justice Department to reach a revised plea agreement in a criminal fraud case stemming from the planemaker's alleged misrepresentations to regulators about a crucial flight control system on the 737 MAX. "I want this resolved as fast as anybody," Ortberg said in April at a US Senate hearing. "Hopefully, we'll have a new agreement here soon." Friday's virtual meeting will give victims' relatives the opportunity to confer with the Justice Department but the letter dated Wednesday did not disclose any update in the case. Boeing declined to comment. The Justice Department did not immediately respond to a request for comment. Last July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after the two fatal 737 MAX crashes in 2018 and 2019 in Indonesia and Ethiopia and to pay a fine of up to US$487.2 million (S$632.8 million). The plea deal also included spending $455 million to improve safety and compliance practices over three years of court-supervised probation as well as the appointment of an independent monitor for three years. Relatives of the victims of the crashes said the agreement was a "sweetheart" deal that failed to adequately hold Boeing to account for the deaths of their loved ones. The two crashes led to the bestselling plane being grounded for 20 months and cost Boeing more than $20 billion. The 2024 plea deal would brand Boeing a convicted felon for conspiring to defraud the Federal Aviation Administration about problems with software on the flight control systems during the MAX's certification. In May 2024, the DOJ found Boeing had violated a 2021 agreement that had shielded it from prosecution over the crashes. Prosecutors then decided to criminally charge Boeing and negotiate the current plea deal. The decision followed the January 2024 in-flight blowout of a door panel on a new Alaska Airlines' 737 MAX 9 missing four key bolts. Last month, Boeing reached settlements with families of two people who died in the 2019 Ethiopian Airlines 737 MAX crash on the eve of a trial. [[nid:690345]]
Yahoo
02-04-2025
- Business
- Yahoo
Boeing working with DOJ on revised plea deal in 737 MAX fraud case, CEO says
By David Shepardson WASHINGTON (Reuters) - Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker's alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate hearing Boeing is in discussions with the Justice Department to come up with an alternate agreement after the initial deal was not accepted by a judge. "I want this resolved as fast as anybody," Ortberg said. "Hopefully, we'll have a new agreement here soon." In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after two fatal 737 MAX crashes and to pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. Boeing's plea deal struck last year included spending $455 million to improve safety and compliance practices over three years of court-supervised probation as well as supervision by an independent monitor for three years. Relatives of the victims of the two 737 MAX crashes, which occurred in 2018 and 2019 and killed 346 people, have called the plea agreement a "sweetheart" deal that failed to adequately hold Boeing accountable for the deaths of their loved ones. An accepted plea deal would brand Boeing a convicted felon for conspiring to defraud the Federal Aviation Administration about problematic software affecting the flight control systems in the planes that crashed during the MAX's certification. In May, the DOJ found Boeing had violated a 2021 agreement that had shielded it from prosecution over the crashes. Prosecutors then decided to criminally charge Boeing and negotiate the current plea deal. The decision followed the January 2024 in-flight blowout of a door panel on a new Alaska Airlines' 737 MAX 9. Senator Maria Cantwell asked about a report that Boeing does not want to face oversight of an independent corporate monitor as part of a new plea deal. "I don't want to prejudge what the outcome of those discussions is going to be. I don't personally have a problem, no," Ortberg said. Sign in to access your portfolio
Reuters
02-04-2025
- Business
- Reuters
Boeing working with DOJ on revised plea deal in 737 MAX fraud case, CEO says
WASHINGTON, April 2 (Reuters) - Boeing (BA.N), opens new tab is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker's alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate hearing Boeing is in discussions with the Justice Department to come up with an alternate agreement after the initial deal was not accepted by a judge. "I want this resolved as fast as anybody," Ortberg said. "Hopefully, we'll have a new agreement here soon." In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after two fatal 737 MAX crashes and to pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. Boeing's plea deal struck last year included spending $455 million to improve safety and compliance practices over three years of court-supervised probation as well as supervision by an independent monitor for three years. Relatives of the victims of the two 737 MAX crashes, which occurred in 2018 and 2019 and killed 346 people, have called the plea agreement a "sweetheart" deal that failed to adequately hold Boeing accountable for the deaths of their loved ones. An accepted plea deal would brand Boeing a convicted felon for conspiring to defraud the Federal Aviation Administration about problematic software affecting the flight control systems in the planes that crashed during the MAX's certification. In May, the DOJ found Boeing had violated a 2021 agreement that had shielded it from prosecution over the crashes. Prosecutors then decided to criminally charge Boeing and negotiate the current plea deal. The decision followed the January 2024 in-flight blowout of a door panel on a new Alaska Airlines' (ALK.N), opens new tab 737 MAX 9. Senator Maria Cantwell asked about a report that Boeing does not want to face oversight of an independent corporate monitor as part of a new plea deal. "I don't want to prejudge what the outcome of those discussions is going to be. I don't personally have a problem, no," Ortberg said.
