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Would you fly on this plane?

Boeing has been fined $2.5bn by the US justice department after being charged with fraud and conspiracy. $2.2bn going to compensate the airlines for their loss of income and the remainder going to the families of the 346 people who died. I cant help feel the balance is the wrong way here though.

Also, Boeing's total revenue (pre-COVID) was over $100bn with $12bn profit. This seems a little slap on the wrist rather than punishment for allowing people to travel on planes they knew had a potentially fatal flaw and a secret auto pilot function that could not be turned off. That feature lead to capable pilots fighting the plane until the plane won and crashed.
 
Boeing has been fined $2.5bn by the US justice department after being charged with fraud and conspiracy. $2.2bn going to compensate the airlines for their loss of income and the remainder going to the families of the 346 people who died. I cant help feel the balance is the wrong way here though.

Also, Boeing's total revenue (pre-COVID) was over $100bn with $12bn profit. This seems a little slap on the wrist rather than punishment for allowing people to travel on planes they knew had a potentially fatal flaw and a secret auto pilot function that could not be turned off. That feature lead to capable pilots fighting the plane until the plane won and crashed.

And how many folks from Boeing's C-suite are going to prison ? Or having pay / bonuses / stock options clawed back ?

Simply put there is no disincentive against bad behavior for senior management in the US.
 


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