As part of a settlement in a civil lawsuit brought on behalf of the Ethiopian Airlines crash victims, Boeing in 2021 declared that it alone was liable for the ET302 accident and that neither the pilots nor the airline were at fault.
In January 2021, the US charged Boeing with fraud. But the company was able to avoid going on trial, by agreeing to pay $2.5bn, including $500m to the families of those killed, and promising to tighten up its compliance procedures.
After both accidents, the flight-data recordings indicated that the immediate culprit was a sensor failure tied to a new and obscure control function that was unique to the 737 Max: the Maneuvering Characteristics Augmentation System (MCAS).
Boeing set aside $500 million to compensate the families, but the bulk of the $2.5 billion in fines it agreed to pay went to its airline customers.
Boeing in 2021 agreed to acknowledge liability for compensatory damages in lawsuits filed by families of the 157 people killed in the fatal Ethiopian 737 MAX crash.
Only one of those pilots was prosecuted and a jury acquitted him at trial last year. Boeing also agreed to pay $2.5 billion, including $1.7 billion in compensation to airlines that had purchased 737 Max planes but could not use them while the plane was grounded for 20 months after the second plane crashed.
As a result, Boeing agreed to establish a $500 million fund to compensate the families of those who died, pay a fine of nearly $244 million and pay $1.77 billion in compensation to airlines.
Boeing has pledged $100 million to a fund for victims' families and communities unrelated to litigation. It agreed to pay $500 million to victims' beneficiaries as part of its broader $2.5 billion Justice Department settlement.
Pain and terror felt by passengers before Boeing Max crashed can be considered, judge rules. Families of passengers who died in the crash of a Boeing 737 Max in Ethiopia can seek damages for the pain and terror suffered by victims in the minutes before the plane flew nose-down into the ground, a federal judge has ruled ...
Boeing's attorneys argue that, under Illinois law, if there's not enough evidence that passengers suffered pain and suffering in between their injury and their ultimate death, the aerospace company should only be responsible to pay grief and loss damages to victims' families.
The FAA ultimately grounded the MAX on March 13, 2019 and lifted the flight prohibition order in November 2020 after Boeing made a series of software upgrades and training changes.
Boeing To Pay $2.5 Billion Settlement Over Deadly 737 Max Crashes. Investigators found that both crashes were caused in part by a flawed automated flight control system called MCAS.
In January 2020, the company estimated a loss of $18.4 billion for 2019, and it reported 183 canceled MAX orders for the year.
Boeing won immunity from criminal prosecution as part of the $2.5 billion Justice Department agreement over a 737 MAX fraud conspiracy charge related to the plane's flawed design.
WASHINGTON, Sept 22 (Reuters) - Boeing Co (BA. N) will pay $200 million to settle civil charges by the U.S. Securities and Exchange Commission that it misled investors about its 737 MAX, which was grounded for 20 months after two fatal crashes killed 346 people, the agency said on Thursday.
Utilizing the International Civil Aviation Organization safety occurrence data, from 2008 to 2019, these aircraft were compared in terms of occurrence type, occurrence category, phase of flight, injury level, and fatalities. It was found that Boeing had more accidents than expected, while Airbus had less (p = 0.015).
The MAX 8 would seat between 162 to 178 passengers, while the MAX 9 would seat 178 to 193 passengers, depending on the configuration. The seating capacity of the MAX you're flying solely depends on the airline you're flying with and whether they are low-cost or full service.
The 737-700 has an average minimum price of $82.4 million. The 737-800, a preferred model for many airlines, costs $98.4 million.
The types of damages and the amount of compensation allowed in domestic and international airplane crash cases are set forth by individual states and the Montreal Convention. Commonly, victims can seek compensation for: medical expenses, past, and future. lost wages.
The Victim Compensation Fund (VCF) was designed to offer a no-fault, no-lawyer route for families for compensation as an alternative to suing the airlines and airports and security providers and their insurers. The average pay-out from the fund for death was US$2.1m.
Of course, Boeing's best-selling and most produced aircraft has been the Boeing 737.
The pilot, Mark Forkner, was the only person to face criminal charges for flaws that resulted in two fatal crashes of one of Boeing's most important planes. A jury in Texas on Wednesday acquitted a former Boeing technical pilot, Mark A.
Boeing said it has discovered a manufacturing issue with some 737 Max aircraft, although it insisted the problem is not “an immediate safety of flight issue.” A supplier used a “non-standard manufacturing process” during the installation of two fittings in the rear fuselage, Boeing said in a statement to CNN.
Hong Kong: The Civil Aviation Department banned the operation of all 737 Max aircraft into, out of and over Hong Kong. Panama: The Civil Aviation Authority grounded its aircraft. Vietnam: The Civil Aviation Authority of Vietnam banned Boeing 737 MAX aircraft from flying over Vietnam.