The U.S. Justice Department plans to propose that Boeing plead guilty to criminal fraud in connection with two deadly plane crashes involving its 737 Max jetliners
I think they're realizing they need to clean house cause China is now starting to produce their own domestic wide body passenger jets. If Boeing reputation keeps deteriorating, then US will quickly lose the global market to China. It's probably still going to happen, but I expect this is why they want Boeing to shape up.
"Please will you plead guilty to our case? That's OK if not. Here's a fine worth 0.000001% of your annual profit."
I think they're realizing they need to clean house cause China is now starting to produce their own domestic wide body passenger jets. If Boeing reputation keeps deteriorating, then US will quickly lose the global market to China. It's probably still going to happen, but I expect this is why they want Boeing to shape up.
https://www.scmp.com/economy/china-economy/article/3262476/china-begins-work-new-c939-widebody-jet-going-bigger-and-bolder-after-c919s-success
More evidence for the theory that winning the cold war was the worst thing that could have happened to
a Pyrrhic victory if I ever saw one
Getting beaten at its own game.
Boeing has already lost the global market to Airbus. The competition with Comac will be for second place.
good point