737 Max News

Boeing Warns Customers of Further 737 Max Delays Amid Crisis

Boeing Co. has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 face additional delays, another reminder that production of its cash-cow jetliner faces a long road to recovery. The planemaker has …

Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker

The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going to trial, according to people familiar with the matter. Boeing has until the end of …

737 Max Crash Victims’ Families Seek $25 Billion Boeing Fine

Families of the victims of two fatal 737 Max crashes are asking the Justice Department to seek to fine Boeing Co. nearly $25 billion, saying the company committed “the deadliest corporate crime in U.S. history.” That amount is “legally justified …

Boeing at Risk of Prosecution for Breaking Deal Over Crashes

Boeing Co. faces possible criminal prosecution after the US Justice Department found the company violated a deferred-prosecution agreement tied to two fatal crashes half a decade ago, intensifying the crisis engulfing the embattled US planemaker. The company breached the $2.5 …

Boeing Finds More Misdrilled Holes on 737 in Latest Setback

Boeing Co. found more mistakes with holes drilled in the fuselage of its 737 Max jet, a setback that could further slow deliveries on a critical program already restricted by regulators over quality lapses. The latest manufacturing slip originated with …

Boeing Investors Reach Deal to Settle Safety Lawsuit Over 737 MAX

SEATTLE/WASHINGTON — Boeing Co investors have reached an agreement with current and former company officers to settle a lawsuit over the safety oversight of the 737 MAX, two people familiar with the matter said on Thursday. The proposed settlement agreement …

US Opens $500 Million Fund For Relatives of Boeing 737 MAX Victims

WASHINGTON — A $500 million U.S. victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes opened Monday, the claim administrators told Reuters. The fund is part of a settlement with the Justice …

Boeing Seen Getting Off Easy in Fraud Settlement on 737 Max

Boeing Co. escaped heavy punishment in a U.S. criminal investigation into two deadly crashes of the 737 Max, according to an array of the company’s closest observers on Wall Street and in Washington, D.C. The $243.3 million fine in a …

Boeing To Pay $2.5B to Settle U.S. Criminal Probe Into 737 Max Crashes

WASHINGTON/SEATTLE/CHICAGO — Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding …

Boeing Dreamliner’s Defects Spur New Cash Risk as Max Woes Fade

Boeing Co. faces a new cash drain from structural flaws on its marquee 787 Dreamliner jets, potentially slowing the company’s recovery from the coronavirus pandemic and the grounding of the 737 Max, said a Bernstein analyst. The Dreamliner’s woes will …