Nagpur Stock：Boeing pleaded guilty, but not to fall？

According to Xinhua News Agency, the US Boeing Company announced on July 8 that it has reached a confession agreement with the United States Department of Justice on the "principle" of two Boeing 737 MAX passenger aircraft "in principle", and Boeing acknowledged that he had "fraud" behaviors for US regulators.Nagpur Stock

This seems to be a stain in the fate of Boeing companies, but "long pain is not as good as short pain". This confession agreement is expected to paint the two deadly air crash in Boeing.

At the same time, how the giants such as Boeing are "big but not fall" should be held accountable and attract attention.

"Conspling the US government"

According to the documents submitted to the Federal Court of Texas on the 7th of the U.S. Department of Justice and Boeing on the 7th, there are four main contents of the confession agreement.Guoabong Investment

First, Boeing acknowledged that in the process of seeking the Federal Aviation Administration's certification, he had intentionally concealed the risk of security, and offended the crime of "conspiracy to fraud with the US government".

Second, Boeing agreed to pay an additional US $ 243.6 million fine, and invest at least 455 million US dollars in the next three years for compliance and rectification and improve safety norms.

Third, the Boeing Board will meet with the families of the victims to discuss the aftermath, and the compensation amount will be ruled by the court in the future.

Fourth, the U.S. Department of Justice will assign an independent supervisor for three years, and publicly reports the progress of Boeing's rectification every year.

"Boeing will be required to invest in historic investment to strengthen its security and compliance plans." The U.S. Department of Justice said that the solution helps protect the US public, which is committed to making Boeing's inappropriate behavior.

The Boeing confession involves two deadly air crash that occurred from October 2018 to March 2019.At that time, two Boeing 737 MAX 8 passenger planes crashed in Indonesia and Ethiopia, a total of 346 people died.

The survey found that the cause of the accident associated with the security design vulnerability of the new software system of the model, and Boeing deliberately concealed its risks to the Federal Aviation Administration in order to obtain the appropriate flight certification and did not strengthen pilot training on the software system, resulting in air crash, which led to air crashoccur.

In January 2021, the US Department of Justice filed a criminal lawsuit against Boeing and reached a three -year suspension of prosecution agreement.Boeing agreed to pay a fine and compensation of more than $ 2.5 billion, and promised to implement a compliance and improvement plan as required.

However, the U.S. Department of Justice determined that Boeing violated the suspension of the prosecution agreement in May this year. One of the reasons was that a safety accident occurred in January this year: a 737 MAX passenger plane stuffed off the door during the flight.

At the end of last month, the US Department of Justice conveyed the conclusion of Boeing, and asked Boeing to make a choice: either accept the confession agreement or face the trial procedure.

July 7th is the last period for the US Department of Justice to decide whether to sue Boeing. The two sides announced the results at the last moment.

It is worth mentioning that the confession agreement reached by the Boeing and the US Department of Justice only involves the above two air crash, and does not involve follow -up door plug off and other events.

"Long Pain is worse than short pain"

On the one hand, the confession seems to have a blow to the reputation of Boeing.Earlier, Boeing was in crisis because of continuous exposure of quality and safety scandals.

Since the deadly air crash, Boeing has faced serious financial losses.The company's financial report shows that Boeing's net losses last year were about 2.242 billion US dollars, and their losses were US $ 355 million in the first quarter of this year.

At the same time, Boeing is facing fierce competition with European competitors Airbus.Udabur Investment

Right now, as one of the largest national defense and aerospace business contractors in the US government, Boeing will change with the US government, including the US Department of Defense and the US National Aerospace Administration, will be attracted to the attention.

In the past, these contracts often brought rich profits.In 2022, Boeing signed a contract worth more than $ 14 billion in the US Department of Defense.In 2023, about 37%of Boeing's income came from cooperation with the US government.

According to US Department of Defense officials, the Pentagon plans to evaluate Boeing's guilty agreement and rectification plan.

It is reported that the U.S. government contractors may be suspended or disqualified from criminal conviction, but each institution usually has room for allowance.

On the other hand, this confession agreement is expected to end in the two deadly air crash in Boeing.

In the long run, accepting the confession agreement can also allow Boeing to avoid exposing more criticism in the long trial process.If the lawsuit ended, Boeing can advance the next business plan.

Boeing investors seem to be satisfied, and Boeing's stock price rose 3%in the early morning trading on the 8th.

The aviation giant is "big but not falling"?

At present, the Boeing and the U.S. Department of Justice are sorting out the written conviction agreement and will be submitted to the court by July 19.The confession agreement needs to be approved by the court.

At the same time, the family members of the unwillingness of the air crash have submitted objections to the court, asking the judge to reject the confession agreement.

The Cryford Law Firm, who represents some of the families of the air -craftsmanship, said that his parties were "deeply disappointed" about the confession agreement.The survivor requested the prosecutor to seek compensation as high as $ 25 billion in last month.

Some families of the victims stated that as Boeing reached a confession agreement with the US Department of Justice, it is expected that two fatal air crash will "conclude the coffin", which means that there is no chance to investigate the incident again, so as to avoid the re -incidence of tragedy. It should really be responsible for responsibilityIndividuals will not face judicial trials.

As the U.S. Department of Justice was accused of palliating Boeing, some opinions believed that because Boeing and the US government had seriously relying on each other, Boeing was unlikely to be severely punished.

Although Boeing has encountered a lot of trouble in recent years, this multinational aviation giant is still an important part of the US economy.At present, Boeing is still the largest exporter in the United States and provides 1.6 million direct and indirect employment opportunities for nearly 10,000 suppliers in 50 states across the United States.

The question follows. While "big but not fall", is a giant such as Boeing "big and avoiding accountability"?

As Boeing pleaded guilty, United Airlines confirmed that a Boeing 757 passenger aircraft took off from Los Angeles International Airport on July 8, a tire of the plane fell off.

On the same day, the Federal Aviation Administration stated that the oxygen -making device used by Passengers used by the Boeing 737 passenger aircraft may fail under emergencies, and the agency requested to check the 2600 737 passenger aircraft involved.

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