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Boeing 737 MAX negligence case ends with $225 mn settlement: WSJ

5 years ago

(FILES) In this file photo taken on September 30, 2020, the Boeing Airplanes factory where several models of its commercial aircraft, including the 787 Dreamliner, are produced, in Everett, Washington. - Boeing's troubles with the 787 plane dragged down results in the third quarter, resulting in another loss as the aviation giant struggles to fully recover from earlier stumbles. Boeing reported a loss of $109 million, compared with a loss of $449 million in the year-ago period. The company announced $1 billion in new expenses connected with the 787 Dreamliner, with $183 million coming in the third quarter. (Photo by STEPHEN BRASHEAR / GETTY IMAGES NORTH AMERICA / AFP)

US Boeing shareholders have reached a $225 million out-of-court settlement with the aircraft manufacturer's current and former directors in a 737 MAX aircraft safety negligence case, the Wall Street Journal reported Thursday.

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