Boeing's troubles have hit a new low as the US Department of Justice prepares to charge the company with criminal fraud over the 737 Max crashes, giving Boeing a week to decide whether to plead guilty or risk going to trial. As Boeing faces a potential half-billion-dollar fine and a three-year corporate monitor, it is also finalizing a $4.7 billion acquisition of Spirit AeroSystems, its supplier for the faulty 737 Max parts. This scandal, coupled with leadership shakeups and ongoing safety issues, has left the once-iconic aerospace giant grappling with a damaged reputation and uncertain future.
Boeing has finally reached rock bottom.
The US Department of Justice will charge Boeing with criminal fraud, according to Bloomberg, forcing the planemaker to choose between pleading guilty or risking a trial, just as the corporation completes its $4.7 billion acquisition of Spirit AeroSystems.
Boeing has until the end of the week to decide whether to plead guilty to the charge, th...
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