FAQs
Boeing failed 33 of 89 audits in FAA investigation: report | Fox Business.
What is the FAA statement on Boeing 737 MAX? ›
FAA Statement on 737 MAX Certification Flights
The agency is following a deliberate process and will take the time it needs to thoroughly review Boeing's work. We will lift the grounding order only after FAA safety experts are satisfied that the aircraft meets certification standards.
What was the problem with 737 Air Max? ›
Aviation experts note that the accident could have been far more catastrophic under slightly different circ*mstances. The FAA orders the grounding and immediate inspection of 737 Max 9s. Alaska and United Airlines both report discovering “loose hardware” on Max 9 door plugs and other installation problems.
How many 737 MAX incidents are there? ›
Five years after two Boeing 737 Max crashes, families want answers More than five years after two 737 MAX crashes killed 346 people, families of the victims are still pushing the Justice Department to hold Boeing accountable.
What is the 6 week audit of Boeing's plane production? ›
A six-week audit by the Federal Aviation Administration of Boeing's production of the 737 Max jet found dozens of problems throughout the manufacturing process at the plane maker and one of its key suppliers, according to a slide presentation reviewed by The New York Times.
What's the worst that can come from an audit? ›
Tax evasion and fraud penalties are some of the worst IRS audit penalties that you can face. The civil fraud penalty is 75% of the understated tax. For instance, if your tax return showed that you owed $10,000 less than you do, you will owe the $10,000 in tax plus a 75% penalty of $7,500.
What is the 737 Max 8 controversy? ›
Five years ago Boeing faced one of the biggest scandals in its history, after two brand new 737 Max planes were lost in almost identical accidents that cost 346 lives. The cause was flawed flight control software, details of which it was accused of deliberately concealing from regulators.
Is Boeing discontinuing the 737 Max? ›
Boeing received a waiver from the Federal Aviation Administration to continue operating the 737 Max 8 and 9 variants that are already certified and in service until a fix was developed and implemented in 2026.
How much did Boeing lose on the 737 Max lawsuit? ›
Under the terms of the agreement with the Justice Department, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing's 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash- ...
Was anyone held accountable for 737 Max? ›
Department of Justice says Boeing may be criminally liable in 737 Max crashes. Boeing has violated a 2021 agreement that shielded it from criminal prosecution after two 737 Max disasters killed 346 people overseas, the Justice Department told a federal judge in a court filing Tuesday.
The Boeing 737 MAX passenger airliner was grounded worldwide between March 2019 and December 2020 – longer in many jurisdictions – after 346 people died in two similar crashes in less than five months: Lion Air Flight 610 on October 29, 2018, and Ethiopian Airlines Flight 302 on March 10, 2019.
Which airline keeps crashing? ›
Two Plane Crashes in Five Months
Two separate Boeing 737 Max 8 crashes, one involving Lion Air and the other Ethiopian Airlines, killed 346 people in a span of less than five months.
Which industry is the hardest to audit? ›
I'd put Financial Services as the most difficult but I've never had to analyze the industry. Vanilla banks are not hard but the large financial companies are very complex. Oil and gas companies are very good with transparency and I think that helps as long as you're familiar with industry lingo.
Is Boeing too big to fail? ›
Boeing is in a lot of trouble after a door plug blew out on an Alaska Airlines-operated 737 Max 9 plane, but a Bank of America analyst says the planemaker is “too big to fail” and that the challenges in front of it are not too big to overcome.
How many Boeings have had issues in 2024? ›
The average in 2024 is slightly higher, at about three per month, according to NTSB data. Thus far in 2024, a total of eight people have been seriously injured on six Boeing planes — three operated by Southwest, two by Delta and one by United. All were caused when the planes hit turbulence.
Has Boeing been held accountable? ›
FAA Continues to Hold Boeing Accountable for Implementing Safety and Production Quality Fixes | Federal Aviation Administration.
