Thursday 11 August 2022
Insurers for several current and former Boeing directors will pay the settlement to Boeing.
The plane manufacturer has accepted responsibility for Ethiopian Airways flight 302 losing control shortly after take-off, killing 157 people.
Mark Forkner was the lead contact between the aviation giant and the Federal Aviation Administration over how pilots should be trained to fly the planes
Irish authorities said they were satisfied that the aircraft is safe to return to European airspace.
The 737 Max returned to the skies in the United States last month.
The aircraft suffered two deadly crashes shortly after entering service.pre
The return comes after the Federal Aviation Administration in late November cleared the jet to fly again.
American Airlines plans to have the 737 Max back in the air before the end of the year.
Boeing has repeatedly missed its targets on the roll out of its new 737 Max planes.
Boeing does not expected federal regulators to approve its changes to the 373 Max until the summer.
Emails released by the company last night show staff bragging they could get the jet certified despite safety concerns.
Two deadly crashes put the plane model out of action for months.
The 737 Max plane was grounded after two crashes killed 346 people.
Australia’s Qantas airline is the latest airline to ground its fleet of the 737 NG planes.
The settlements pay out at least $1.2 million per victim, a person familiar with the matter said.
The carrier is one of many airlines affected by the global grounding of the Boeing 737 MAX fleet.
The 10 March crash of the plane killed all 157 people on board.
An Ethiopian Airlines Boeing 737 MAX 8 went down minutes into a flight earlier this month.
