Battle is on for widebody freighter market, as the A350F looks to take on Boeing
With the first orders for the A350F in, the race is on between Boeing and ...
Boeing faces a fine of $2.5bn after being criminally charged with conspiracy to defraud the US, for lying to the FAA regarding the 737 Max.
The fine is split into a $243.6m “criminal monetary penalty”, some $1.77bn for the affected airlines and $500m for a fund to help families of those who died in the two crashes, reported The Verge.
But the chairman of the House Committee on Transportation and Infrastructure has called the fine a mere “slap on the wrist”, pointing to Boeing’s $100bn in revenues in 2018, which led to a profit of $12bn.