logo
Plus   Neg
Share
Email

Boeing Pledges $100 Mln To Victims Of 737 Max Crash

Boeing (BA) said it will offer $100 million to the families and communities of those who died in tragic accidents of Lion Air Flight 610 and Ethiopian Airlines Flight 302. The funds will support education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities.

Boeing noted that it will partner with local governments and non-profit organizations to address these needs. This initial investment will be made over multiple years.

Boeing has been reeling under the impact of two deadly crashes of its 737 Max aircraft within a short span of five months that killed a total of 346 people. The 737 MAX 8 is Boeing's best-selling aircraft.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
A flaw in new iPhone operating system iOS 13, which is released by Apple on Thursday, exposes contact details stored in iPhones without requiring a passcode or biometric identification. Apple has known about the flaw since July, according to CNN business report quoting a person who reported the bug to Apple. Chinese electronics giant Huawei on Thursday launched its latest flagship smartphone range the Mate 30. Huawei unveiled the Huawei Mate 30 and Mate 30 Pro at an event in Munich. The new phones boasts of professional-grade cameras that competes directly with Apple's new iPhone 11 and iPhone 11 Pro... Schwartz Brothers Bakery of Seattle, Washington recalled 24 units of lemon dessert bars as it may contain undeclared egg. The products have a sell by date of September 21, 2019. The company issued the recall after it found that some of the Lemon Pound Cake was mislabeled as Lemon Dessert Bars. While the Lemon Pound Cake contains egg, the Lemon Dessert Bars label does not declare egg.
Follow RTT