Boeing closes settlement over 737 Max

KAlmost a month after a 737 Max crashed in Indonesia, its manufacturer Boeing issued a press release. The company said it was "deeply saddened" by the accident, but at the same time tried to reassure the public: "As our customers and their passengers continue to fly the 737 Max to hundreds of locations around the world every day, they have our assurance that that the 737 Max is as safe as any plane that has ever flown the sky.”

Almost four months later, in March 2019, another 737 Max crashed, this time in Ethiopia. And different than after the first crash it was now very quickly over with regular flight operations. Within days, regulators in the US and other parts of the world grounded the 737 Max from flying. The crashes and resulting grounding have pushed Boeing into the worst crisis in its history. Now the company is being caught up again, and it's about the way it communicated after the accidents.

He now made a comparison with the American one Securities and Exchange Commission SEC, which accused him of making “materially misleading public statements”. In doing so, he deceived investors and violated anti-fraud clauses in US securities laws. Boeing agreed to pay a $200 million fine, and CEO Dennis Muilenburg at the time of the crash will also pay $1 million.

As is often the case in such settlements, Boeing and Muilenburg have neither admitted nor denied wrongdoing. A total of 346 people died in the two crashes. Investigations revealed that in both cases an automatic flight system called MCAS, specially developed by Boeing for the 737 Max, played an important role. This system was intended to push the aircraft down in the event its nose raises undesirably. In the accidents, however, it was activated by mistake and put pilots in a situation where they could not control the aircraft. After the crash, Boeing boss Muilenburg initially tried to downplay his company's responsibility. He often spoke of a "chain of events" that led to the accidents.

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