The possible criminal charges are just the latest severe blow to the reputation of Boeing, a company once known for the quality and safety of its commercial jets. Beyond two fatal crashes of the 737 Max in 2018 and 2019, the company has faced a series of questions about the safety and quality of its jets. In January, a door plug on a 737 Max flown by Alaska Air blew out early in a flight, leaving a gaping hole in the side of the jet, further damaging Boeing’s reputation.
And this month a group of those family members wrote a letter to the Justice Department urging Boeing be hit with the maximum possible $24.9 billion fine. The letter they wrote to the Justice department called Boeing’s actions “the deadliest corporate crime in U.S. history.” Boeing had just over $6.9 billion cash on hand as of its last quarterly earnings statement in late March.
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