Passenger plane manufacturer Boeing fined $200 million

Passenger plane manufacturer Boeing fined $200 million

Washington (Daily Pakistan Online) American passenger plane manufacturer Boeing has been fined 200 million dollars.

for making false statements about the Max 737 aircraft, the company will submit this fine to the Securities and Exchange Commission.

It should be noted that Boeing Company’s Max 737 had two accidents between 2018 and 2019.

resulting in the loss of 346 lives. Mission’s statement said that after the first accident, the Boeing Company knew that there was a problem in its flight control system.

but despite this, they told the public that these planes were completely safe to fly.
The SEC has also said that former Boeing chief executive Dennis Muilenberg has agreed to pay.

one million dollars to settle the matter.