Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft maker has agreed to pay another $1.21 million to settle two current enforcement cases. Also Read | The limits to India’s privatization pushUnder terms of the previous settlement, Boeing can't appeal the new penalty, the FAA said. Boeing admitted that two former employees misled FAA about a key flight system implicated in the crashes. Terms of the latest agreement between the company and the FAA were reached in late December, according to the agency. The two new enforcement cases for which Boeing will pay $1.21 million involve a program under which Boeing employees conduct safety assessments on new planes on behalf of the FAA.

Source: Mint February 25, 2021 23:58 UTC