A federal judge in Texas will hear arguments over Boeing’s plea deal in a 737 Max case

FORT WORTH, Texas (AP) — A federal judge on Friday ordered a hearing next month over Boeing's agreement to plead guilty to conspiracy in connection with the 737 Max jetliner, two of which crashed, killing 346 people.

Families of some of the passengers killed in the crashes object to the agreement. They want to put Boeing on trial, where it could face tougher punishment.

U.S. District Court Judge Reed O'Connor set a hearing for Oct. 11 in Fort Worth, Texas.

Boeing is accused of misleading regulators who approved minimal, computer-based training for Boeing 737 pilots before they could fly the Max. Boeing wanted to prevent regulators from requiring training in flight simulators, which would have raised the cost for airlines to operate the plane.

The Justice Department argued in court filings that conspiracy to defraud the government is the most serious charge it can prove. Prosecutors said they lack evidence to show that Boeing's actions caused the crashes in 2018 in Indonesia and 2019 in Ethiopia.

Relatives of victims and their lawyers have called the settlement a sweetheart deal that fails to consider the loss of so many lives. Some of the lawyers have argued that the Justice Department treated Boeing gently because the company is a big government contractor.

The agreement calls for Boeing to pay a fine of at least $243.6 million, invest $455 million in compliance and safety programs, and be placed on probation for three years.

  • Related Posts

    Homebuilder confidence rises in October despite mortgage rates increasing

    Homebuilders are feeling more confident about the housing market despite a recent sharp rise in mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose two…

    Wall Street Dials Back Fed-Cut Bets on Solid Data: Markets Wrap

    (Bloomberg) — The world’s biggest bond market got hit as a solid retail sales report had traders trimming their bets on Federal Reserve rate cuts this year. Most Read from…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Homebuilder confidence rises in October despite mortgage rates increasing

    • By admin
    • October 17, 2024
    • 1 views
    Homebuilder confidence rises in October despite mortgage rates increasing

    Wall Street Dials Back Fed-Cut Bets on Solid Data: Markets Wrap

    • By admin
    • October 17, 2024
    • 2 views
    Wall Street Dials Back Fed-Cut Bets on Solid Data: Markets Wrap

    Dow Jones Today: S&P, Dow Hit Records; TSMC Soars on AI Demand

    • By admin
    • October 17, 2024
    • 4 views
    Dow Jones Today: S&P, Dow Hit Records; TSMC Soars on AI Demand

    The Murky Waters of Wash Trading Digital Assets – DOJ Charges 18 Individuals and Entities

    • By admin
    • October 17, 2024
    • 3 views
    The Murky Waters of Wash Trading Digital Assets – DOJ Charges 18 Individuals and Entities

    Yellen to warn sweeping tariffs would ignite inflation, NYT reports

    • By admin
    • October 17, 2024
    • 4 views
    Yellen to warn sweeping tariffs would ignite inflation, NYT reports

    Futures extend gains after economic data

    • By admin
    • October 17, 2024
    • 3 views
    Futures extend gains after economic data