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Updated Jun 24, 2024, 10:21am EDT
North America

Boeing could face criminal charges over safety issues

Boeing’s chief engineer Howard McKenzie. Kevin Lamarque/Reuters
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US prosecutors will decide whether to press criminal charges against Boeing over safety issues.

Last month, the Justice Department said the company had failed to make good a 2021 pledge, part of a deal to avoid prosecution, to overhaul its systems following two fatal crashes.

Charges would add to Boeing’s considerable woes: The aircraft manufacturer has seen losses of $24 billion since 2019 thanks to a dropoff in orders, and seen its rival Airbus catch it up in terms of market value, The Economist reported recently. In 2017, Boeing was 2.5 times as valuable as Airbus.

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To add insult to injury, its Starliner space capsule, which took astronauts to the International Space Station on June 5, is again delaying its return thanks to concerns over helium leaks.

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