Latest news with #Flight610
Business Insider
4 days ago
- Business
- Business Insider
Boeing enters into Non-Prosecution Agreement with DOJ
According to a regulatory filing, on May 29, 2025, Boeing (BA) entered into a Non-Prosecution Agreement with the U.S. Department of Justice that, subject to court proceedings, resolves matters relating to the Department's determination that the company did not fulfill its obligations under the previously-disclosed Deferred Prosecution Agreement entered into by the company and the Department on January 6, 2021. Pursuant to the NPA, the company is subject to a $487.2M overall criminal monetary penalty, $243.6M of which was paid in 2021 pursuant to the DPA and the remaining $243.6M of which was included in amounts expensed by the company in 2024 pursuant to the proposed plea agreement between the company and the Department filed with the U.S. District Court for the Northern District of Texas on July 24, 2024. The NPA also requires the Company, among other things, to (1) pay $444.5M in additional compensation to the heirs and/or beneficiaries of those who died in the Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents, (2) to invest $455M in the Company's compliance, safety, and quality programs through the end of the term of the NPA, (3) to retain an independent compliance consultant to assess the Company's progress regarding remediation and implementation of the compliance measures described in the NPA and the attachments thereto, (4) to continue to implement a compliance program, and (5) to continue to undertake a review of its internal controls, policies and procedures. The Department agreed that it will not further criminally prosecute the Company for any conduct described in the NPA provided that the Company performs all of its obligations under the NPA, including those described above. The NPA has a term of two years from the date on which the Company retains the independent compliance consultant, unless the NPA is extended or terminated earlier as described therein. Confident Investing Starts Here:
Daily Tribune
26-05-2025
- Business
- Daily Tribune
Boeing Reaches $1.1 Billion Settlement with DOJ Over Deadly 737 Max Crashes
Boeing has agreed to a $1.1 billion settlement with the U.S. Department of Justice (DOJ), allowing the aerospace giant to avoid criminal prosecution related to two catastrophic 737 Max crashes that claimed 346 lives. The agreement, revealed in court documents on Friday, stems from the 2018 Lion Air Flight 610 crash in Indonesia and the 2019 Ethiopian Airlines Flight 302 crash. The twin tragedies, both involving Boeing's 737 Max aircraft, triggered global outrage and led to a nearly two-year grounding of the jet model. According to the DOJ, the settlement resolves allegations that Boeing misled federal regulators about critical safety issues with the aircraft's flight control system before the accidents occurred. The deferred prosecution agreement means Boeing will not face a criminal trial, provided it complies with the terms laid out in the deal. Of the $1.1 billion settlement, $445 million will be allocated as compensation to the families of crash victims. The remaining funds are intended to strengthen Boeing's internal compliance, safety, and quality assurance programs. However, the agreement has sparked fierce criticism from victims' families and their legal representatives, who argue that the deal offers financial reparations without true accountability. 'This kind of non-prosecution deal is unprecedented and obviously wrong for the deadliest corporate crime in U.S. history,' said Paul Cassell, an attorney representing several of the families. 'My clients will object and ask the court to reject it.' Cassell emphasized that for many families, public accountability through a criminal trial is more important than financial compensation. 'It is more important for Boeing to be held accountable to the flying public,' he added. Boeing has declined to comment on the settlement. In its court filings, the DOJ defended the resolution, asserting that it had carefully considered the facts, applicable legal standards, and the perspectives of affected families. Prosecutors argued that the settlement 'holds Boeing financially accountable, provides finality and compensation for the families, and makes an impact for the safety of future air travelers.' Despite years of advocacy from victims' families calling for criminal accountability for former Boeing executives, federal prosecutors maintained that the agreement represents the most just and practical resolution under the circumstances. The court will ultimately decide whether to approve the settlement. If accepted, the deal could mark a controversial close to one of the most significant corporate safety failures in aviation history.
Saudi Gazette
24-05-2025
- Business
- Saudi Gazette
Boeing reaches $1.1 billion settlement with DOJ over deadly 737 Max crashes
HOUSTON — Boeing has reached a $1.1 billion settlement with the U.S. Department of Justice to avoid criminal prosecution over two deadly 737 Max crashes that killed 346 people, according to media reports published Friday. The agreement relates to the 2018 crash of Lion Air Flight 610 and the 2019 crash of Ethiopian Airlines Flight 302. Court documents revealed that the deal allows Boeing to avoid prosecution for allegedly misleading federal regulators about safety issues tied to the jetliners before the accidents occurred. A significant portion of the settlement will be dedicated to enhancing Boeing's internal compliance, safety, and quality assurance programs. Additionally, $445 million will be allocated for compensating the families of the victims, according to the Justice Department. The deal has sparked outrage among victims' families and their legal representatives, who argue that it falls far short of meaningful accountability."This kind of non-prosecution deal is unprecedented and obviously wrong for the deadliest corporate crime in U.S. history," said Paul Cassell, an attorney representing several of the families. "My families will object and hope to convince the court to reject it."Cassell emphasized that families believe public accountability and justice through prosecution are more critical than financial resolution alone."It is more important for Boeing to be held accountable to the flying public," he declined to comment on the court filings, the Justice Department defended the agreement, saying it had carefully weighed the facts, legal principles, and the perspectives of the said they believe the resolution is fair and serves the public interest."Nothing will diminish the victims' losses, but this resolution holds Boeing financially accountable, provides finality and compensation for the families, and makes an impact for the safety of future air travelers," the department years of advocacy by victims' families for a public trial and criminal accountability of former Boeing executives, federal prosecutors maintained that the settlement provides the most just and practical outcome under the circumstances.
Mint
23-05-2025
- Business
- Mint
Boeing Agrees to Resolve US Criminal Case Over 737 Crashes
Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago. The settlement was disclosed in a federal court filing Friday, just weeks before a trial was set to start June 23 in Fort Worth, Texas. It calls for the company to pay more than $1.1 billion and strengthen quality and safety measures, Justice Department lawyers said. It's a stunning turnaround in the long-running legal case. Just last year, Boeing agreed to plead guilty to a criminal conspiracy. But that deal was rejected in December by US District Judge Reed O'Connor, who has been overseeing the case since 2021. The new agreement — reached over strong objections from some victims' families — still needs to be approved by O'Connor. The government said a final agreement will be filed by the end of next week, but provided an overview of the terms in its filing. Among them: a $243.6 million fine for Boeing and a order for the planemaker's board of directors to meet with family members of people killed in the crashes. The tentative agreement would allow require Boeing to contribute $444.5 million to a fund for families of victims killed in the crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March 2019, according to the filing. Boeing also would spend $455 million to strengthen its compliance, safety and quality programs, the filing shows. 'Ultimately, in applying the facts, the law, and Department policy, we are confident that this resolution is the most just outcome with practical benefits,' prosecutors said in a statement, noting that they'd 'met extensively' with relatives of the victims. After the government submitted notice of the agreement, lawyers representing family members of crash victims told O'Connor they plan to object to the deal and urge him to deny any attempt by the government to dismiss the criminal case against Boeing. 'The families intend to argue that the dismissal unfairly makes concessions to Boeing that other criminal defendants would never receive and fails to hold Boeing accountable for the deaths of 346 persons,' they said in a court filing. Many of the families opposed any deal that allowed Boeing to avoid criminal prosecution. They've fought for years to extract harsher penalties from the company. Both crashes were linked to a flawed flight control system on 737 Max jets. The only Boeing official to face trial was a mid-level manager overseeing the pilot manuals and training materials. He was acquitted. Catherine Berthet, whose 28-year-old daughter Camille Geoffrey was killed in the 2019 crash, said she was 'absolutely stunned' by the proposed agreement. 'I will never get rid of my pain and my tears,' Berthet said in a statement. 'By deciding not to prosecute Boeing and not to take it to court, the government is sending a message to the public that big companies are above the law and justice, even when they kill.' Not all of the victims' families are opposed to the deal, according to prosecutors. In Friday's filing, the Justice Department said family members and lawyers representing more than 100 crash victims either expressed support for the resolution, efforts to end the case before trial or did not oppose the agreement. One family member told the government he wants 'the DOJ to find a way to resolve this matter as soon as possible.' Boeing declined to comment on the deal. The company's shares fell less than 1% on Friday. The case has taken several turns. In 2021, Boeing reached an agreement with the Justice Department to defer prosecution on charges that it deceived regulators about the system. Under that deal, Boeing paid a $243.6 million fine. In early 2024, two days before the charge would've been dismissed, a door-sized plug blew out of an airborne 737 Max. While no one was killed, the accident led to investigations and findings of lax controls in Boeing's factories. The government said Boeing violated the 2021 agreement and recommended a criminal charge. Boeing agreed to plead guilty, pay a fine and install an independent corporate monitor. The agreement also would have required the company spend at least $455 million to bolster its compliance and safety programs. But that proposal was rejected in December by O'Connor. He said the agreement diminished his role in ensuring Boeing lived up to its promises and that the process for selecting an independent monitor would rely on diversity, equity and inclusion policies, which the judge claimed would improperly impose race on the hiring decision. In March, O'Connor ordered Boeing to stand trial in June. While he didn't explain his decision, the order came a day after the Wall Street Journal reported Boeing was seeking leniency from the Justice Department and trying to avoid a criminal charge. The original plea deal was crafted by the Biden administration's Justice Department, which claimed it was standard practice to include language related to DEI policies. Since taking office Jan. 20, President Donald Trump has been eradicating diversity programs within the federal government. The case is US v. Boeing, 21-cr-005, US District Court, Northern District of Texas . This article was generated from an automated news agency feed without modifications to text.
Yahoo
23-05-2025
- Business
- Yahoo
Boeing, Justice Department reach deal to avoid trial over 737 crashes
Boeing has reached a $1.1 billion deal with the Department of Justice that will allow it to avoid prosecution for two crashes involving its 737 Max jetliners that killed a total of 346 people. Boeing will be required to invest that money in improving the aviation giant's compliance, safety and quality program, while $445 million will be set aside to provide compensation for the families of the victims killed in the crashes, the Justice Department said. The agreement stems from the crashes of Lion Air Flight 610 in 2018 and Ethiopian Airlines Flight 302 in 2019. The deal will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before the crashes, according to court papers filed Friday. A statement issued on behalf of some relatives of those killed in the crashes blasted the government's deal with Boeing, saying the families felt "tremendous grief and even anger" at the agreement. "This kind of non-prosecution deal is unprecedented and obviously wrong for the deadliest corporate crime in U.S. history. My families will object and hope to convince the court to reject it," Paul Cassell, a professor at the University of Utah's S.J. Quinney College of Law who is representing the families, said in the statement. The Justice Department defended the agreement. "After careful consideration of the families' views, the facts and the law, the department's principles of federal prosecution and the professional and ethical obligations of prosecutors, it is the government's judgment that the agreement is a fair and just resolution that serves the public interest," the court papers state. Boeing didn't immediately respond to a request for comment. Many relatives of the passengers who died in the crashes have spent years pushing for a public trial, the prosecution of former company officials and more severe financial punishment for Boeing. "Nothing will diminish the victims' losses, but this resolution holds Boeing financially accountable, provides finality and compensation for the families and makes an impact for the safety of future air travelers," the Justice Department said in a statement. Here's how much Qatar's plane gifted to Trump administration will cost to retrofit Biggest takeaways from RFK Jr.'s MAHA report Trump rally shooter was designing bomb while applying for college, emails show
