Who did Boeing pay 2.5 billion to?
Who did Boeing pay 2.5 billion to? Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing's 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to ...
How much do families of plane crash victims get?
This treaty stipulates that if an airline is found at fault for an accident, each affected passenger is to get a minimum value equal to 113,100 special drawing rights. This type of plane crash compensation currently equals approximately $170,000 per passenger.
Where does Boeing make the most money?
Boeing produces commercial and military aircraft, weapons systems, strategic defense and intelligence systems, and related products and services. The Defense, Space and Security unit has overtaken Commercial Airplanes as Boeing's largest revenue source.
How much was CEO of Boeing paid?
Calhoun took home $7 million in pay last year, slightly less than his $7.4 million compensation in 2021, Boeing stated in the filing. His total compensation, which includes longterm incentives that have not yet vested, measured $22.5 million in 2022, an increase from about $21 million the previous year.
How much does Boeing make per plane?
The credit-rating agency estimated that Boeing's operating profit margin is $12 million to $15 million on each 737 Max 8 it delivers to customers.
Why is Boeing paying $200 million to the SEC?
Boeing pays $200 million to settle SEC charges over 737 Max safety claims. The SEC charged the aircraft maker and its former CEO with making misleading statements about the plane, which was implicated in two crashes that killed 346 people.