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Indonesia Says Sriwijaya Air Flight Loses Contact With Air-Traffic Control

Boeing s Legal, Business Challenges Persist After Settlement

Boeing to Pay $2 5 Billion to Settle Criminal Charge Over MAX Jet

Order Reprints Text size The 737 MAX jet resumed carrying passengers late last year after a long grounding. NELSON ALMEIDA/AFP/Getty Images Boeing agreed to pay $2.5 billion to settle a criminal charge that it sought to deceive the Federal Aviation Administration as it sought initial certification for the troubled 737 MAX jet. The Justice Department disclosed the agreement Thursday in a news release, titled in part, “Boeing Charged with 737 MAX Fraud Conspiracy.” The department said it and the company had entered into a deferred prosecution agreement that will give Boeing amnesty if it meets certain criteria. “Boeing’s employees chose the path of profit over candor by concealing material information from the FAA concerning the operation of its 737 Max airplane and engaging in an effort to cover up their deception,” said Acting Assistant Attorney General David P. Burns of the department’s Criminal Division.

US & Europe Transatlantic Trade Update

Thursday, December 31, 2020 The United Kingdom (UK) approved its second COVID-19 vaccine this week, while the European Union (EU) moved forward quickly with distribution of its first-approved vaccine to its Member States.  United States (US) President Donald Trump signed another COVID relief measure linked to an Omnibus appropriations bill late on Sunday, after objecting initially to a number of provisions and calling for additional congressional action, which has kept the US Congress in Washington this week. On the eve of Christmas Day, the UK and EU secured a deal outlining terms for the two trading partners after Britain exits the Customs Union on 31 December.  This week, the EU also secured a deal with the People’s Republic of China (“China” or “PRC”) that addresses investments.  Meanwhile, the US Government unveiled its new Aluminum Import Monitoring and Analysis (AIM) system and released two reports – one focused on human trafficking in the seafood su

Stand Guidance System Market Analysis and Global Outlook During 2020 to 2026

Stand Guidance System Market Analysis and Global Outlook During 2020 to 2026
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