{"id":394071,"date":"2021-01-08T09:18:04","date_gmt":"2021-01-08T03:48:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=394071"},"modified":"2021-01-08T10:04:48","modified_gmt":"2021-01-08T04:34:48","slug":"boeing-reaches-2-5-billion-settlement-with-us-over-737-max","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-reaches-2-5-billion-settlement-with-us-over-737-max\/","title":{"rendered":"Boeing reaches $2.5 billion settlement with US over 737 Max"},"content":{"rendered":"<p>Boeing agreed to pay more than $2.5 billion in a legal settlement with the Justice Department stemming from the 737 Max debacle, the government said Thursday. The agreement resolves a criminal charge that Boeing conspired to defraud the Federal Aviation Administration, which regulates the company and evaluates its planes. <\/p>\n<p>The Max was grounded worldwide in March 2019 after 346 people were killed in crashes in Indonesia and Ethiopia. The two accidents deeply damaged Boeing\u2019s once-sterling reputation and hurt its relationships with airlines and aviation regulators around the world. The company eventually fired its CEO, and the scandal has cost it billions of dollars in fines, settlements, and lost orders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing agreed to pay more than $2.5 billion in a legal settlement with the Justice Department stemming from the 737 Max debacle, the government said Thursday. The agreement resolves a criminal charge that Boeing conspired to defraud the Federal Aviation Administration, which regulates the company and evaluates its planes. The Max was grounded worldwide in March 2019 after 346 people were killed in crashes in Indonesia and Ethiopia. The two accidents deeply damaged Boeing\u2019s once-sterling reputation and hurt its relationships with airlines and aviation regulators around the world. The company eventually fired its CEO, and the scandal has cost it [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-394071","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=394071"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394071\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=394071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=394071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=394071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}