SEC wants its own share of justice in Boeing 737 Max case
Aircraft maker Boeing is being examined by the American stock market watchdog SEC because of the problems around the 737 MAX. It is not clear what the regulator wants to find out. Boeing did, however, warn that an unfavorable outcome of the SEC investigation for the company could have a further material impact on the financial position.
Since March last year, the 737 MAX aircraft have been grounded for safety reasons, which has also drastically reduced the number of deliveries from the Americans. Boeing feels that in the wallet. In addition, the group must compensate aviation companies for damage suffered. During the two aircraft disasters in October 2018 and March 2019, all 346 passengers were killed.
Boeing is now assured of a loan of a total of 12 billion dollars from several banks, the group confirmed on Friday. The money is needed to avert the problems with the 737 MAX devices, now that the production of the offending device has been stopped.