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UPS (UPS) and FedEx (FDX), two of the leading cargo airlines in the world, have grounded their fleets of McDonnell Douglas MD-11 planes on the recommendations of the aircraft’s manufacturer, Boeing (BA),
As part of a deal to dismiss the case, Boeing agreed to pay or invest an additional $1.1 billion in fines, compensation for the crash victims' families, and internal safety and quality measures.
A U.S. judge approved a request by the Trump administration's Justice Department to dismiss a criminal case against Boeing , allowing the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that killed 346 people,
Boeing avoids felony prosecution for 737 MAX crashes after agreeing to pay over $1.1 billion in fines and strengthen safety programs under DOJ deal.
Boeing stock is worth holding for the long haul (“ Boeing’s Road to Redemption—and a Higher Stock Price,” Cover Story, Oct. 31). An investor who purchased $
The judge said he did not believe the decision was in the public interest but he did not have authority to deny the request.
The event — which celebrated plans to build a second final assembly building, adding 1.2 million square feet to Boeing’s plant — was distinctly political.
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The federal judge in Fort Worth, Texas, agreed with the Justice Department’s request despite objections from some victims’ families who wanted the case to go to trial.
A federal judge Thursday dismissed a conspiracy case against Boeing for its flight control system that is related to two crashes that killed 346 people.
Few aircraft have changed global travel as profoundly as the Boeing 737. Introduced in the late 1960s, this twin-engine narrowbody family became the foundation of short and medium-haul air travel. Over nearly six decades,