Judge orders a June trial for US government’s felony case against Boeing
- Boeing Co. Will face a criminal fraud trial starting June 23 after a U.S. Judge scheduled the proceedings, related to the two fatal 737 MAX crashes that claimed 346 lives.
- The legal battle originates from Boeing's alleged misrepresentations to U.S. Regulators regarding critical flight control systems on the 737 MAX, which occurred before the crashes in 2018 and 2019.
- U.S. District Judge Reed O'Connor rejected a plea deal from July that included a potential fine of $487.2 million, a three-year probation period, and an independent monitor, citing concerns about a diversity provision.
- Judge O'Connor described Boeing's actions as potentially "the deadliest corporate crime in U.S. History" in 2023, while victims' families have consistently argued that the plea deal failed to adequately hold Boeing accountable, calling it a "sweetheart" deal.
- The upcoming trial marks a pivotal moment for Boeing, which is also facing delivery challenges, increased scrutiny from regulators and lawmakers following a January 2024 in-flight door panel blowout, and renewed concerns about manufacturing quality and safety.
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Boeing finally got some much-needed wins
Boeing secured multibillion-dollar commercial and defense contracts, rallying optimism from analysts and investors.JASON REDMOND/AFP via Getty ImagesBoeing secured a $20 billion defense contract and billions in commercial aircraft orders.The company is recovering from a tough 2024 with improved production and stock performance.Analysts see Boeing's recent wins boosting cash flow, employee morale, and talent retention.Boeing may finally be on an …
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