Boeing CEO Kelly Ortberg and GE Aerospace CEO Larry Culp expressed gratitude to President Trump for facilitating a remarkable $96 billion order from Qatar Airways.
A federal judge has postponed the trial concerning Boeing and the incidents involving the 737 Max planes. US District Judge Reed O’Connor approved the airline’s and the Department of Justice’s (DOJ) request on Monday, as revealed by court documents. The DOJ had filed to ensure that the criminal fraud charge against Boeing would not be dismissed.
The trial was originally set to start on June 23 in Fort Worth, Texas. However, Judge O’Connor still needs to approve the final settlement and could reschedule the trial if he does not consent to the agreement.
Boeing is set to pay $1.1 billion after the DOJ dismissed the criminal fraud case, although families of crash victims are preparing to challenge this settlement.
Last week, the Clifford Law Office announced that the DOJ informed families of its intent to dismiss criminal fraud allegations against Boeing.
Under the terms of the agreement, Boeing stated it would pay $1.1 billion, which includes $445 million allocated to a fund for the families affected by the tragic crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.
Boeing’s commitment includes complying with its obligations under this resolution, which involves additional fines and a commitment to improve institutional practices significantly. In a statement, Boeing expressed deep remorse for the losses suffered by families and emphasized its dedication to honoring their memories through enhanced safety measures.
The DOJ highlighted that this resolution provides meaningful accountability and brings a significant public interest, aiming for finality in what are often complicated and uncertain cases.
