Business | Jul 13th 2024 Edition

Business | Jul 13th 2024 Edition

In a court filing, America’s Justice Department revealed that Boeing would plead guilty to misleading air-safety regulators about its 737 MAX aircraft ahead of two fatal crashes in 2018 and 2019. The agreement rips up a previous settlement from 2021 in which Boeing admitted that two employees had misled regulators. The government believes Boeing has failed to comply with that settlement. There have been a number of safety incidents this year, including a door plug that blew off a 737 MAX upon take-off. The families of the crash victims are not happy. By pleading guilty, Boeing avoids the glaring publicity of a trial.

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