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Anyone know how this compares to the cost that Boeing would have paid for doing the 737 "the right way" - with real pilot training along with more testing and r
by fred_is_fred 6y ago
Anyone know how this compares to the cost that Boeing would have paid for doing the 737 "the right way" - with real pilot training along with more testing and regulation? This fine is only a small part of the cost to the company of course.
- raverbashing 6y agoDon't forget that's only the fine. There was also the cost of contract breaches/compensations, the public image damage, the costs for the victims, the cost for having multiple deliveries delayed, etc In essence, doing the right way would have been cheaper.
- sokoloff 6y agoThe second paragraph of the article refutes your initial statement. It contains "Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302."
- raverbashing 6y agoAlmost. This is not as clear cut as it seems. Because it's saying "criminal monetary amount" but I'm not sure this refers to all compensations. Maybe it's only compensations in the US? A lot of talks with customers were confidential and probably did not involve only monetary compensation