UPDATE 1-FAA seeks $3.9 mln fine from Boeing for defective parts on 737 NG planes

The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co, alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes. In a statement on Friday, Boeing did not admit liability but said they were aware of the FAA’s concerns. The company has 30 days to respond either by paying the fine or challenging it; Boeing said it would review the penalty. …read more

Source:: Yahoo Finance

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