Skift

Boeing Agrees to Guilty Plea

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Sinopsis

Episode Notes Boeing will accept a guilty plea deal from the Department of Justice over charges the planemaker misled federal authorities on certain aspects of the 737 Max 8, which has been involved in fatal crashes. Airlines Reporter Meghna Maharishi lists three takeaways from Boeing’s deal with the Justice Department.  Boeing will have to pay a more than $240 million criminal offense fine and invest at least $455 million in compliance and safety programs. The planemaker will be on probation for three years, during which it would need to install an independent monitor to oversee its compliance and safety. In addition, Boeing wouldn’t have any protection from any ongoing or future federal investigations.  Next, Airbnb has unveiled a new ad urging travelers heading to Paris for the Olympics to avoid hotels to discover the true essence of the French capital, reports Executive Editor Dennis Schaal. Airbnb’s ad features a family of four dealing with common tourist come-ons outside of a hotel before the hotel coll