Boeing Pledges $100 Million to Families, Communities Hurt by 737 MAX Crashes

United States News News

Boeing Pledges $100 Million to Families, Communities Hurt by 737 MAX Crashes
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Boeing pledges $100 million to those affected by 737 Max crashes

BoeingCo. pledged $100 million in financial support to families and communities affected by two fatal crashes of its 737 MAX plane, as the company works to restore a reputation shaken by the tragedies.

“The families and loved ones of those on board have our deepest sympathies, and we hope this initial outreach can help bring them comfort,” Boeing Chief Executive Dennis Muilenburg said Wednesday. Some lawyers representing victims’ families in civil litigation against the company said the money is a step in the right direction, while others decried it as a publicity stunt and questioned how the $100 million would be spent.

An initial probe into the crash of the Ethiopian Airlines Boeing 737 MAX 8 found that the pilots followed emergency procedures. Investigators went on to recommend that the MAX fleet stay grounded until authorities validate changes that Boeing has made to the aircraft. WSJ’s Robert Wall explains. Photos: Getty Images

Boeing had come under fire in the aftermath of the two crashes for appearing to deflect blame and withholding information from airlines and pilots. Executives have stepped up efforts to express sorrow. Last month, Mr. Muilenburg said the company had made mistakes in how it communicated during the crisis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing sets aside $100 million for families of 737 Max crash victimsBoeing sets aside $100 million for families of 737 Max crash victimsThe funds will be available over the next several years and are not part of any compensation Boeing may have to pay to those who sue the company for damages related to accidents.
Read more »

Boeing pledges $100 million to those affected by 737 Max crashesBoeing pledges $100 million to those affected by 737 Max crashesJUST IN: Boeing pledges to pay $100 million to individuals impacted by the Lion Air and Ethiopian Airlines crashes that killed a total of 346 people.
Read more »

Boeing promises $100 million to help families affected by deadly crashesBoeing promises $100 million to help families affected by deadly crashesBoeing Co on Wednesday promised $100 million to help families affected by the de...
Read more »

Boeing dedicates $100 million to victims of 737 Max crashesBoeing dedicates $100 million to victims of 737 Max crashesBoeing will pay out $100 million to help support the families and communities of the 346 people who died in two 737 Max crashes in the last year.
Read more »

U.S. proposes more tariffs on EU goods, escalating Airbus-Boeing subsidy disputeU.S. proposes more tariffs on EU goods, escalating Airbus-Boeing subsidy disputeThe U.S. added more European Union products to a list of goods it could hit with retaliatory tariffs in a long-running transatlantic subsidy dispute centered on Boeing and Airbus.
Read more »



Render Time: 2025-04-07 09:15:57