that shielded the company from criminal prosecution in the wake of two 737 MAX fatal crashes that killed 346 people.
In a court filing in Texas, the DOJ said that Boeing failed to “design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations.”As a result, Boeing is now subject to criminal prosecution, but the government has not yet determined how it will proceed.
The DOJ has until July 7th to determine its actions.Families of the crash victims and their lawyers argued thatBoeing failed to overhaul its compliance program and will be urging prosecution.Counsel for crash victims and the DOJ will meet in late May to examine potential remedies to Boeing’s conduct.Alternatives, such as additional compensation or fines, will likely be considered to avoid a long trial.
Unlock the Full AirInsight Analysis & KPI Models
Get instant access to proprietary fleet valuation models, production & delivery forecasts, engine cost analytics, and the complete subscriber archive.
We use cookies to optimize our website and our service.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.