Boeing to avoid prosecution over 737 MAX crashes
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Pentagon accepts luxury Boeing 747
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Many relatives of the passengers who died in the Boing 2018 and 2019 crashes have spent years pushing for a public trial.
WASHINGTON (Reuters) -Two U.S. senators called on the Justice Department on Friday to prosecute Boeing in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoid pleading guilty.
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The U.S. Department of Justice said Boeing must pay $1.1 billion, including $445 million for the crash victims' families.
Boeing’s fundamentals have been improving, but the recent spike up in the stock seems to be more about investors being afraid not to own it, Vertical Research said.
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In its fourth annual safety report since the deadly MAX crashes, Boeing laid out a multi-pronged safety plan and said it's seeing progress.
Boeing (NYSE:BA) is showing signs of renewed production momentum on its 737 Max program following years of turbulence, Olivier Andries, chief executive of French aerospace group Safran (OTCPK:SAFRY) (OTCPK:SAFRF),