{"id":68127,"date":"2021-01-08T09:04:15","date_gmt":"2021-01-08T14:04:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=68127"},"modified":"2021-01-08T12:43:10","modified_gmt":"2021-01-08T17:43:10","slug":"boeing-agrees-to-2-5b-settlement-over-737-max-crashes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/boeing-agrees-to-2-5b-settlement-over-737-max-crashes\/","title":{"rendered":"Boeing agrees to $2.5B settlement over 737 MAX crashes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fboeing-agrees-to-2-5b-settlement-over-737-max-crashes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=68127&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><img loading=\"lazy\" decoding=\"async\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" style=\"float: left; margin: 0 15px 15px 0;\" src=\"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/01\/AP21007798995664-315x210.jpg\" alt=\"\" width=\"315\" height=\"210\" \/><\/p>\n<div id=\"attachment_2354860\" class=\"wp-caption aligncenter\" style=\"width: 665px;\">\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2354860 size-large\" src=\"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/01\/AP21007798995664-655x437.jpg\" alt=\"\" width=\"655\" height=\"437\" aria-describedby=\"caption-attachment-2354860\" \/><\/p>\n<p id=\"caption-attachment-2354860\" class=\"wp-caption-text\">FILE- In this Sept. 30, 202, file photo, a Boeing 737 Max jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. (AP Photo\/Elaine Thompson, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>\nUPDATED 9:26 AM PT \u2013 Friday, January 8, 2021<\/h5>\n<p>Airplane manufacturing giant Boeing has agreed to pay $2.5 billion to resolve the investigation into the two deadly 737 MAX jet crashes in 2019. The settlement, announced Thursday, includes $1.7 billion in compensatory payments to Boeing customers and creates a $500 million fund for the families of the 346 crash victims.<\/p>\n<p>\u201cI\u2019m grateful and humbled to be here today and to be able to say these words to the families directly, and I want to convey our absolute commitment to safety, our commitment to learning, our commitment to rebuilding the public\u2019s confidence in what we do,\u201d stated Dennis Muilenburg, then-President and CEO Boeing. \u201cAnd to preventing accidents like this from ever, ever happening again.\u201d<\/p>\n<p>The settlement also includes a criminal penalty of over $240 million after Boeing was charged with one count of conspiracy to defraud the United States. In a <a href=\"https:\/\/www.justice.gov\/opa\/pr\/boeing-charged-737-max-fraud-conspiracy-and-agrees-pay-over-25-billion\">statement announcing the deal<\/a>, the Department of Justice said, \u201cBoeing\u2019s employees chose the path of profit over candor by concealing material information from the FAA.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p dir=\"ltr\" lang=\"en\">Boeing Charged with 737 Max Fraud Conspiracy and Agrees to Pay over $2.5 Billion <a href=\"https:\/\/t.co\/Vvliny87I2\">https:\/\/t.co\/Vvliny87I2<\/a><\/p>\n<p>\u2014 Justice Department (@TheJusticeDept) <a href=\"https:\/\/twitter.com\/TheJusticeDept\/status\/1347317372735074305?ref_src=twsrc%5Etfw\">January 7, 2021<\/a><\/p><\/blockquote>\n<p>Boeing admitted in court documents that two of its 737 MAX flight technical pilots deceived the Federal Aviation Administration about MCAS, which is a key safety system that was tied to both fatal crashes.<\/p>\n<p>The fatal incidents led to the plane\u2019s grounding for 20 months in March 2019 with officials promising it would not be lifted until after Boeing made significant safety upgrades.<\/p>\n<p>\u201cThe FAA and I in particular, will not approve the plane for return to passenger service until I\u2019m satisfied that we\u2019ve adequately addressed all of the known safety issues that played a role in the tragic loss of 346 lives aboard Lion Air Flight 610 and Ethiopian Airlines Flight 302,\u201d said Steve Dickson, Chief of the Federal Aviation Administration.<\/p>\n<p>While Boeing agreed to the settlement, it will not be forced to plead guilty to the criminal charges.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/china-blocks-arrival-of-u-s-experts-sent-to-investigate-covid-19-origin\/\"> China blocks arrival of U.S. experts sent to investigate COVID-19 Origin<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Airplane manufacturing giant Boeing has agreed to pay $2.5 billion to resolve the investigation into the two deadly 737 MAX jet crashes in 2019. The settlement, announced Thursday, includes $1.7 billion in compensatory payments to Boeing customers and creates a $500 million fund for the families of the 346 crash victims.<\/p>\n","protected":false},"author":1,"featured_media":2180633,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/01\/AP21007798995664-315x210.jpg","fifu_image_alt":"Boeing agrees to $2.5B settlement over 737 MAX crashes","footnotes":""},"categories":[],"tags":[],"class_list":["post-68127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/01\/AP21007798995664-315x210.jpg","fifu_image_alt":"Boeing agrees to $2.5B settlement over 737 MAX crashes","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/68127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=68127"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/68127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2180633"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=68127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=68127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=68127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}