Boeing To Pay $6.6Mln To US For Compliance Failures - Federal Aviation Administration
Muhammad Irfan Published February 26, 2021 | 03:00 AM
WASHINGTON (UrduPoint News / Sputnik - 26th February, 2021) The Boeing Company must pay the US government more than $6.6 million for failing to meet performance obligations and in two previous enforcement cases, the Federal Aviation Administration (FAA) announced in a press release.
"The FAA has assessed $5.4 million in deferred civil penalties against The Boeing Company for failing to meet its performance obligations under a 2015 settlement agreement," the release said on Thursday. "The Chicago-based aircraft manufacturer also agreed to pay $1.21 million to settle two pending FAA enforcement cases.
"
Under the 2015 agreement, Boeing pledged to change its internal processes to improve and prioritize regulatory compliance, the release said.
"The agreement required the company to meet specific performance targets, and authorized the FAA to assess deferred penalties if it failed to do so," the release added.
The FAA assessed $5.4 million in deferred penalties under the terms of the 2015 agreement because Boeing missed some of its improvement targets, and because some company managers did not sufficiently prioritize compliance with FAA regulations, accordig to the release.
Related Topics
Recent Stories
Lacking storm drains, Dubai sees persistent flooding
Sindh to upgrade primary schools to reduce dropout rate
Calls for calm after reported Israeli strike on Iran
Emaan Pakistan Eid-Mela inaugurated
BISP cash disbursement center set up
DC chairs meeting regarding polio drive in Jhal Magsi
Stormy weather ravages Bahawalnagar's Cholistan areas
Punjab Music Competition schedule released
Mayor LMC chairs council meeting
Pakistan Navy rescue, relief operation continue in rain hit Gwadar, Ormara areas
LHC orders replacement of three environment officers
Iran blasts rattle global markets
More Stories From World
-
Lacking storm drains, Dubai sees persistent flooding
48 seconds ago -
Calls for calm after reported Israeli strike on Iran
51 seconds ago -
Iran blasts rattle global markets
17 minutes ago -
Three Filipinos dead in UAE floods: officials
2 hours ago -
Global calls for calm after reported Israeli strike on Iran
2 hours ago -
Iran blasts rattle global markets
3 hours ago
-
H5N1 strain of bird flu found in milk: WHO
3 hours ago -
Court aims to wrap Trump jury selection ahead of opening arguments
3 hours ago -
Croatia top court bars president from becoming next PM
3 hours ago -
Hindu nationalist Modi the favourite as India votes
4 hours ago -
French police surround Iran consulate in Paris: security source
4 hours ago -
Blinken says US 'not involved in any offensive operation'
4 hours ago