Boeing Co. ’s $2.5 billion settlement to end a criminal investigation by the Justice Division into the 737 MAX debacle resolves one in all its highest-profile issues, however the airplane maker nonetheless faces different authorized and enterprise challenges.
Federal Aviation Administration officers have stated Boeing faces potential civil penalties stemming from its alleged lack of candor in its dealings with regulators earlier than and after two MAX crashes that claimed 346 lives.
The Securities and Trade Fee, which can be investigating the MAX saga, has proceeded extra slowly than the Justice Division, individuals accustomed to the matter stated. An SEC spokesman didn’t reply to a request for remark.
Whereas the corporate’s felony settlement coated Boeing’s accountability for the actions of two Boeing pilots concerned in authorities approval of pilot coaching for the MAX, these former workers are nonetheless beneath felony investigation.
The paperwork filed within the settlement Thursday present probably the most authoritative image but of what the pilots did and the way Boeing benefited from their actions. If they’re prosecuted, there may very well be extra embarrassing revelations in regards to the airplane’s improvement. In response to the Justice Division, the 2 aviators conspired to deceive the FAA for his or her profit and Boeing’s.