Close Menu
Webpress News
    What's Hot

    Nvidia Shatters Records: Becomes First Company Valued at $4 Trillion!

    July 9, 2025

    Samsung Unveils Its Game-Changing Foldable Trio: Galaxy Z Fold 7 and Flip 7 Take Aim at iPhone Dominance

    July 9, 2025

    Texas Biotech Firm Aims to Resurrect the Enigmatic South Island Giant Moa, 600 Years After Its Extinction

    July 9, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest Tumblr
    Wednesday, July 9
    Webpress NewsWebpress News
    Subscribe
    • Home
    • News
    • Politics
    • Business
    • Sports
    • Magazine
    • Science
    • Tech
    • Health
    • Entertainment
    • Economy
      • Stocks
    Webpress News
    Home»News»Business

    Families of Boeing 737 Max crash victims demand $24 billion fine in ‘deadliest corporate crime in US history’ – Justice Department urged to take aggressive action

    June 19, 2024 Business No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In a shocking turn of events, families who lost loved ones in two Boeing 737 Max crashes have come forward to address what they are calling the “deadliest corporate crime in US history.” They are urging the Justice Department to impose the maximum $24 billion fine on Boeing as the company faces a potential criminal trial.

    The families have written to the Department of Justice, asserting that Boeing’s recent safety lapses and mishaps constitute a violation of its 2021 agreement. This agreement allowed Boeing to avoid charges for the 737 Max crashes in Indonesia in 2018 and Ethiopia in 2019, which claimed the lives of 346 people.

    According to the families’ attorney, the “appropriate action now is an aggressive criminal prosecution” against Boeing, including holding former CEO Dennis Muilenburg accountable. The families stress the urgency of the situation, urging the Department to start prosecutions promptly to avoid any statute of limitations.

    In addition to seeking the $24 billion fine, the families have also requested an independent corporate monitor to oversee Boeing’s safety measures and guide the company in its efforts to enhance its quality standards.

    Boeing has not yet responded to CNN’s request for comment on the matter.

    This latest development comes after the Department of Justice notified Boeing of a breach of its 2021 agreement earlier this year, following an incident involving an Alaska Airlines flight in January.

    Boeing, in a statement, maintained that it has upheld its end of the agreement and looks forward to responding to the Department on the issue with transparency.

    Current Boeing CEO Dave Calhoun recently testified before senators, expressing remorse to the families of the crash victims and acknowledging Boeing’s imperfections. He emphasized the company’s commitment to rebuilding public trust.

    The $24 billion fine, if imposed, would still be less than the $31.9 billion in core operating losses that Boeing has reported since the grounding of its 737 Max planes in 2019. The company has faced significant financial challenges, including direct costs from the grounding and lost sales revenue.

    With ongoing scrutiny from the Department of Justice and mounting pressure from families of crash victims, Boeing’s future remains uncertain as it navigates through this turbulent period.

    – CNN’s Evan Perez contributed to this report.

    Keep Reading

    Trump’s Tariff Tactics: Trade Negotiations Stumble as Deadline Extended Amidst EU Deal Hopes

    Major Shakeup Ahead: TikTok Users Brace for New App as Ownership Change Looms!

    Post Office Horizon Scandal: Victims Slam ‘Cruel and Never-Ending’ Compensation Process

    Trump Signals Trade War Escalation with Tariff Threats to BRICS and Beyond – August 1 Deadline Looms!

    Housebuilders Strike £100M Deal to Sidestep Competition Law Battleground

    Trump’s Tariff Deadline Extended Again: What This Means for the U.S. Economy and Consumers

    Add A Comment
    Leave A Reply Cancel Reply

    Nvidia Shatters Records: Becomes First Company Valued at $4 Trillion!

    July 9, 2025

    Samsung Unveils Its Game-Changing Foldable Trio: Galaxy Z Fold 7 and Flip 7 Take Aim at iPhone Dominance

    July 9, 2025

    Texas Biotech Firm Aims to Resurrect the Enigmatic South Island Giant Moa, 600 Years After Its Extinction

    July 9, 2025

    America’s Trade War with China: A Proxy Battle Unfolding Through Third Countries

    July 9, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • Politics
    • Business
    • Sports
    • Magazine
    • Science
    • Tech
    • Health
    • Entertainment
    • Economy

    Company

    • About
    • Contact
    • Advertising
    • GDPR Policy
    • Terms

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Developed by WebpressNews.
    • Privacy Policy
    • Terms
    • Contact

    Type above and press Enter to search. Press Esc to cancel.