Airbus sees gap in widebody freighter market as Boeing is hit by new rules
Boeing has, almost uncontested, ruled the world of widebody freighters in recent years, but rival ...
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.