Boeing To Pay $17M In FAA Plane Production Settlement

Boeing is set to pay a $17 million penalty to the Federal Aviation Administration (FAA) for production issues on its 737 jets, including the installation of unapproved sensors and parts. These issues affect planes built between 2015 and 2019. Boeing is still recovering from two fatal crashes that led to the grounding of its 737 Max jets worldwide. The company must pay the civil penalty within 30 days and could face additional fines of $10 million if it fails to prevent the use of unapproved parts.

What was the time frame during which the problematic Boeing jets were built?

What could happen if Boeing does not take steps to prevent the use of unapproved parts?