Boeing faces a class action lawsuit from investors who claim the company 'put profitability and growth ahead of airplane safety and honesty.'
Boeing 737 Max 8 jets, built for American Airlines, left, and Air Canada are parked at the airport adjacent to a Boeing Co. production facility in Renton, Wash., on April 8. By Hamza Shaban Hamza Shaban Technology reporter Email Bio Follow April 10 at 10:37 AM A Boeing shareholder has filed a class-action lawsuit accusing the company of covering up safety problems with its 737 Max, the commercial jet at the center of two crashes that killed 346 people.
Investigators have zeroed in on a new automated anti-stall system known as MCAS as a possible cause of both incidents. A preliminary report on the Ethiopian Airlines crash indicated that pilots struggled to control the MCAS before the crash. The lawsuit is one in a growing list of challenges for the Chicago-based company. Several lawsuits have been brought by victims’ families that allege that the company did not inform pilots about the dangers of MCAS and that it was negligent. The company recently said it would decrease production of the 737 Max from 52 aircraft per month to 42. And aviation officials worldwide have kept the aircraft grounded.
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