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The expense and risks involved with complex litigations moved the aerospace giant to agree to the $237.5 million settlement.
Boeing's new endorsement helps clear the air amidst strong concerns around the 737 Max.
Boeing engineers discovered the discrepancy 'within several months' of the initial Max deliveries in May 2017.
Southwest Airlines Co., the largest Max operator, first learned about the problem with the disagree alert after October's Lion Air 737 Max crash.
There has been no clear indication of what brought down an Ethiopian Airlines Max on Sunday.
The latest crash raises fresh concerns about the safety of the 737 Max.
A mechanic worked on other sensors during a night shift before the departure, but not on the angle-of-attack vane.
The Boeing bulletin suggests pilots on Lion Air 737 Max 8 were battling the plane as its computers commanded a steep dive.
The blast left a plume of thick black smoke and rattled windows in buildings miles away from the launch pad.
Airlines flying Boeing Co.s 787 Dreamliner jets with the latest General Electric Co. engines were ordered to repair them, or swap out at least one with an older model, in an urgent safety directive after a recent in-flight event.
{ "author": { "name": "Julie Johnsson", "webUrl": "/author/profile/julie-johnsson/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 11, "social": [], "articles": [ { "uri": "/2021/11/09/do-policy-responds-to-boeings-737-max-settlement/", "title": "D&O policy responds to Boeing's 737 Max settlement", "byline": "Jef Feeley and Julie Johnsson", "kicker": "News", "prettyDate": "November 09, 2021", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2021/11/Bloomberg-737MAX380876555.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/jef-feeley/", "name": "Jef Feeley" }, { "webUrl": "/author/profile/julie-johnsson/", "name": "Julie Johnsson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The expense and risks involved with complex litigations moved the aerospace giant to agree to the $237.5 million settlement.", "body": null }, { "uri": "/2019/06/18/boeings-embattled-max-gets-a-key-win-with-its-first-post-crash-deal/", "title": "Boeing's embattled Max gets a key win with its first post-crash deal", "byline": "Julie Johnsson and Benjamin Katz", "kicker": "News", "prettyDate": "June 18, 2019", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/06/Boeing-737-Bloomberg.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/julie-johnsson/", "name": "Julie Johnsson" }, { "webUrl": "/author/profile/benjamin-katz/", "name": "Benjamin Katz" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Boeing's new endorsement helps clear the air amidst strong concerns around the 737 Max.", "body": null }, { "uri": "/2019/05/06/boeing-held-off-for-months-on-disclosing-fault-alert-on-737-max/", "title": "Boeing held off for months on disclosing fault alert on 737 MAX", "byline": "Julie Johnsson, Ryan Beene and Mary Schlangenstein", "kicker": "News", "prettyDate": "May 06, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/05/Boeing-MAX-737.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/julie-johnsson-ryan-beene/", "name": "Julie Johnsson, Ryan Beene" }, { "webUrl": "/author/profile/mary-schlangenstein/", "name": "Mary Schlangenstein" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Boeing engineers discovered the discrepancy 'within several months' of the initial Max deliveries in May 2017.", "body": null }, { "uri": "/2019/04/30/boeing-says-it-didnt-intentionally-deactivate-737-max-alert/", "title": "Boeing says it didn't intentionally deactivate 737 Max alert", "byline": "Julie Johnsson and Mary Schlangenstein", "kicker": "News", "prettyDate": "April 30, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/04/Boeing-737-Max-Bloomberg2-043019.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/julie-johnsson/", "name": "Julie Johnsson" }, { "webUrl": "/author/profile/mary-schlangenstein/", "name": "Mary Schlangenstein" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Southwest Airlines Co., the largest Max operator, first learned about the problem with the disagree alert after October's Lion Air 737 Max crash.", "body": null }, { "uri": "/2019/03/12/faa-faces-stunning-rebuff-as-world-races-ahead-to-ground-boeing-737-max/", "title": "FAA faces stunning rebuff as world races ahead to ground Boeing 737 Max", "byline": "Alan Levin and Julie Johnsson", "kicker": "News", "prettyDate": "March 12, 2019", "timeToRead": "7 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/ethiopian-jet-crash-AP_19070483506758.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/alan-levin/", "name": "Alan Levin" }, { "webUrl": "/author/profile/julie-johnsson/", "name": "Julie Johnsson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "There has been no clear indication of what brought down an Ethiopian Airlines Max on Sunday.", "body": null }, { "uri": "/2019/03/11/second-boeing-737-max-crash-in-months-kills-157-in-ethiopia/", "title": "Second Boeing 737 Max crash in months kills 157 in Ethiopia", "byline": "Samuel Gebre, Julie Johnsson and Mary Schlangenstein", "kicker": "News", "prettyDate": "March 11, 2019", "timeToRead": "7 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/03/boeing-max-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/samuel-gebre-julie-johnsson/", "name": "Samuel Gebre, Julie Johnsson" }, { "webUrl": "/author/profile/mary-schlangenstein/", "name": "Mary Schlangenstein" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The latest crash raises fresh concerns about the safety of the 737 Max.", "body": null }, { "uri": "/2018/11/28/faulty-lion-air-sensor-not-fixed-before-crash-report-finds/", "title": "Faulty Lion Air sensor not fixed before crash, report finds", "byline": "Harry Suhartono, Alan Levin and Julie Johnsson", "kicker": "News", "prettyDate": "November 28, 2018", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/11/jet-towed-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/harry-suhartono-alan-levin/", "name": "Harry Suhartono, Alan Levin" }, { "webUrl": "/author/profile/julie-johnsson/", "name": "Julie Johnsson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A mechanic worked on other sensors during a night shift before the departure, but not on the angle-of-attack vane.", "body": null }, { "uri": "/2018/11/07/faa-to-throw-weight-behind-boeings-warning-after-737-max-crash/", "title": "FAA to throw weight behind Boeing's warning after 737 Max crash", "byline": "Alan Levin, Julie Johnsson and Harry Suhartono", "kicker": "News", "prettyDate": "November 07, 2018", "timeToRead": "6 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/11/lion-air-jet-taking-off-bloomberg-m1200079.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/alan-levin-julie-johnsson/", "name": "Alan Levin, Julie Johnsson" }, { "webUrl": "/author/profile/harry-suhartono/", "name": "Harry Suhartono" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The Boeing bulletin suggests pilots on Lion Air 737 Max 8 were battling the plane as its computers commanded a steep dive.", "body": null }, { "uri": "/2016/09/01/spacex-rocket-explosion-destroys-satellite-for-fac/", "title": "SpaceX rocket explosion destroys satellite for Facebook project", "byline": "Dana Hull, Julie Johnsson", "kicker": "News", "prettyDate": "September 01, 2016", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/dana-hull-julie-johnsson/", "name": "Dana Hull, Julie Johnsson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The blast left a plume of thick black smoke and rattled windows in buildings miles away from the launch pad.", "body": null }, { "uri": "/2016/04/22/repairs-to-ge-engines-ordered-after-dreamliner-in-flight-damage/", "title": "Repairs to GE engines ordered after Dreamliner in-flight damage", "byline": "Alan Levin, Bloomberg, Julie Johnsson, Richard Clough", "kicker": "News", "prettyDate": "April 22, 2016", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/alan-levin-bloomberg-julie-johnsson-richard-clough/", "name": "Alan Levin, Bloomberg, Julie Johnsson, Richard Clough" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Airlines flying Boeing Co.s 787 Dreamliner jets with the latest General Electric Co. engines were ordered to repair them, or swap out at least one with an older model, in an urgent safety directive after a recent in-flight event.", "body": null } ] } }
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