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.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
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.
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.
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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),