Tag: Boeing 737 MAX

Feinberg to Oversee $500 Million Boeing 737 MAX Victim Fund

March 11, 2021
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WASHINGTON—Prominent attorneys Kenneth Feinberg and Camille Biros will be named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday. As part of a settlement with the Justice Department, Boeing in January agreed to pay $500…

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European Aviation Agency Clears Boeing 737 Max to Fly Again

January 27, 2021
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BERLIN—A modified version of the Boeing 737 Max, incorporating multiple safety upgrades, has been approved to resume flights in Europe, following nearly two years of reviews after the aircraft was involved in two deadly crashes that saw the planes grounded worldwide, the European Aviation Safety Agency said Wednesday. Changes mandated by the European Union Aviation…

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Boeing 737 MAX to Get EU Flight Clearance Next Week

January 19, 2021
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PARIS—Boeing’s 737 MAX airliner will receive final clearance to resume flying in Europe next week, the head of the EU’s air safety watchdog said on Tuesday. The EU Aviation Safety Agency (EASA) is one of the last major regulators to approve changes to the MAX and its anti-stall software, blamed for two deadly crashes that…

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Boeing Max Returns to US Skies With First Passenger Flight

December 29, 2020
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American Airlines flew a Boeing 737 Max with paying passengers from Miami to New York on Tuesday, the plane’s first commercial flight in U.S. skies since it was grounded after two deadly crashes. American flight 718 carried 87 passengers on the 172-seat plane, and the return flight from LaGuardia Airport to Miami International Airport held…

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NTD Business Full Broadcast (Dec. 29)

December 29, 2020
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Senate Majority Leader Mitch McConnell votes down a measure to get $2,000 stimulus check to the American public. He says the Senate can focus on it at a later time. And what’s the downside to stimulus payments? Who pays for them? We talk to Lance Roberts, chief strategist at Real Investment Advice. Progress on the…

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