The fines are in response to safety violations on the 737 Max production lines at Boeing and Spirit AeroSystems factories.
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Spirit AeroSystems Agrees To Pay Nearly $30 Million To Settle Investor Lawsuit Over 737 MAX Defects
Following the explosive ejection of a door plug during an Alaska Airlines flight in 2024, Spirit was acquired in an all-stock ...
The Federal Aviation Administration on Friday proposed fining Boeing $3.1 million for a series of safety violations, ...
Separately, Boeing in July 2024 agreed to plead guilty to a criminal charge of defrauding the FAA and pay a $243.6 million ...
The settlement is a result of more than two years of litigation in a New York U.S. District court, stemming from allegations that Spirit AeroSystems concealed persistent quality problems that ...
The FAA said it “utilized its maximum statutory civil penalty authority,” but the fine is minor compared with Boeing’s $22.8 ...
The Federal Aviation Administration is seeking $3.1 million in fines from Boeing over safety violations, including an ...
RENTON, Wash. — The Federal Aviation Administration (FAA) has proposed $3.1 million in civil penalties against Boeing for a ...
The FAA said on Friday that it found "hundreds of quality system violations" at Boeing's 737 factory and subcontractor factory in Washington and Kansas.
U.S. aviation safety is once again under scrutiny as the FAA announced it seeks to impose a $3.1 million fine on Boeing.
Opinion
Zacks Investment Research on MSNTop Analyst Reports for AbbVie, ServiceNow & Boeing
Thursday, September 18, 2025 The Zacks Research Daily presents the best research output of our analyst team. Today's Research ...
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