https://www.lezdotechmed.com/blog/personal-injury/boeing-aircraft-accidents-reports/
Before going deep into the Boeing aircraft accidents reports, let us learn about the Boeing 737 MAX. The narrow-body airplane Boeing 737 MAX was created by Boeing Commercial Airplanes (BCA), a branch of the American company Boeing. The tough rival of the Airbus A320neo series is the fourth-generation Boeing 737, known as the 737 MAX.
On August 13, 2015, Boeing completed assembling the first 737 MAX fuselage for a test aircraft, which was first announced on August 30, 2011, at Spirit Aerosystems in Wichita, Kansas. On December 8, 2015, the Boeing Renton Factory displayed the first 737 MAX, a MAX 8 called Spirit of Renton.
The SEC is a separate federal regulatory body that promotes full public disclosure and protects investors against deceptive and market-rigging practices. The SEC monitors business acquisition activity in the country.
Lion Air Flight 610
A Boeing 737 MAX 8 with the registration PK-LQP and line number 705, which was leased from China Minsheng Investment Group (CMIG) Aviation Capital, was the aircraft that crashed. Then, the plane was given to Lion Air.
It was a regularly scheduled domestic passenger flight connecting Depati Amir Airport in Pangkal Pinang and Jakarta's Soekarno-Hatta International Airport. On October 29, 2018, the flight departed Jakarta at 6:20 a.m. At 7:20 a.m. local time, it was scheduled to touch down at Depati Amir Airport in Pangkal Pinang.
Flight 610's connection with air traffic control (ATC) was suddenly lost at 6:33 a.m. Less than 13 minutes after takeoff, it crashed into the water, killing all 189 on board, including the crew.
Ethiopian Airlines EL 302
International passenger flight 302 operated by Ethiopian Airlines once connected Nairobi, Kenya, with Addis Ababa Bole International Airport, Ethiopia. On March 10, 2019, a Boeing 737 MAX 8 airliner with 149 passengers and 8 crew members on board crashed in the village of Bishoftu.
The plane's production began in October 2018, and it was delivered in November. At 08:38 local time, six minutes after takeoff from Addis Abeba, a fatal crash took place.
At about 08:44 local time, six minutes after takeoff, the plane crashed. It had disappeared from radar. The plane's irregular altitude and pace of ascent and descent were discovered by flight tracking data. A rural field near the village of Bishoftu is where the plane crashed.
In Chicago, Illinois, the location of the Boeing corporate headquarters, families of the 157 victims of the 2019 Ethiopian 737 Max catastrophe and Boeing have reached an agreement. Because Boeing admitted fault for the accident, the families of the deceased would be barred from suing for punitive damages. Assuming responsibility would also decrease the likelihood that Boeing's current or previous executives would be asked to testify.
Boeing and the Department of Justice (DOJ) entered into a deferred prosecution agreement (DPA) in January 2021. As a result, Boeing will pay a total criminal monetary fine of over $2.5 billion.
Dennis Muilenburg, the former CEO of the aircraft maker, had been implicated by the SEC based on thorough investigations into the tragic Boeing airplane crashes in Indonesia and Ethiopia. Boeing is charged with misrepresenting the plane to the general public. The SEC claims that the airplane maker and its former CEO Dennis Muilenburg refused to disclose the 737 Max's safety issues.
Boeing violated the law by withholding important information from shareholders and publishing statements that were materially false and misleading. The manufacturer claimed that their aircraft was as safe as any that had ever taken to the air. Despite being aware of conflicting data, Boeing and its former CEO asserted following the second crash that the flying controls' certification was legitimate. To resolve allegations made by the Securities and Exchange Commission, Boeing agreed to pay $200 million settlement.
