Boeing plea deal: US judge sets quick schedule to consider family objections
A U.S. judge on Monday set a fast schedule to consider the objections of relatives of those killed in two fatal 737 MAX crashes to the Justice Department's plea deal with Boeing (BA.N), opens new tab.
The planemaker on July 7 agreed in principle to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million. U.S. District Judge Reed O'Connor in Texas said after the Justice Department files the plea agreement, relatives of those killed will have a week to file objections and then the government and Boeing will have two weeks to respond. The families will then have five days to file a response.
US aviation industry urges Congress to address 'neglected' FAA facilities
Major U.S. aviation groups and unions urged Congress to address persistent shortfalls in funding for Federal Aviation Administration facilitiesafteraseriesofreportsraisedalarmabout aging air traffic control facilities.
"Necessary maintenance of existing systems is being neglected," said the letter signed by Airlines for America, Aerospace Industries Association, the U.S. Chamber of Commerce, Air Line Pilots Association and others warning a failure to address funding needs "will mean reduced airspace operational efficiency negatively affecting the traveling public and other civil and military users of the system."
https://www.reuters.com/legal/us-judge-sets-quick-schedule-consider-family-
Boeing door blowout crisis hitting suppliers, airlines and passengers
After a door panel on an Alaska Airlines-operated Boeing (BA.N), opens new tab 737 MAX 9 jet blew off midair in January, Anneke Palmerton learned the carrier had canceled her flight to Orlando as well.
It did not surprise her as Alaska (ALK.N), opens new tab had decided to ground its fleet of MAX 9 aircraft after the Jan. 5 accident. Little did she know the incident would snowball, impacting air service in her city of Bellingham, Washington and upending her winter plans to fly Southwest Airlines (LUV.N), opens new tab.
The door blowout happened aboard only one flight. Butfalloutfromtheensuingsafetycrisishasinflated costs for those reliant on Boeing. Interviews with airline executives, union leaders, pilots, suppliers, passengers and government officials, show how the incident is rippling through the trillion-dollar global aviation industry.
Hawaiian Electric, others agree to proposed $4 bln Maui wildfire deal, Bloomberg reports
HawaiianElectric Industries (HE.N), opens newtab and other defendants in lawsuits over the Maui wildfires in Hawaii have tentatively agreed to pay more than $4 billion in settlement amount, Bloomberg News reported on Thursday, citing people familiar with the matter.
The company and other defendants, including county officials, face multiple lawsuits over the blazes that destroyed thousands of properties and caused damages worth an estimated $5 billion.
Biden begins to accept he may have to drop out of race, New York Times reports
U.S. President Joe Biden has begun to accept the idea that he may not be able to win the Nov. 5 election and may have to drop out of the race, the New York Times reported on Thursday, citing several people close to the president.
"The New York Times reporting is absolutely wrong," Biden campaign co-chair Cedric Richmond told MSNBC. "The president has said that he is running and it's the end of story."
Souce:
https://www.reuters.com/world/us/biden-begins-accept-he-may-have-drop-outrace-new-york-times-reports-2024-07-18/