{"id":48366,"date":"2024-04-24T11:52:57","date_gmt":"2024-04-24T11:52:57","guid":{"rendered":"https:\/?p=48366"},"modified":"2024-04-24T11:52:57","modified_gmt":"2024-04-24T11:52:57","slug":"boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/","title":{"rendered":"Boeing Makes Big Payment to Spirit, But Legal Clouds Remain After Crashes"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/BA\">Boeing (BA: NYE)<\/a> has made an agreement with Spirit AeroSystems (SPR: NYE) to pay $425 million in advance.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Families of Crash Victims Seek Justice:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">This news comes amidst ongoing legal challenges faced by Boeing. The company is under scrutiny following two fatal crashes of its 737 MAX airplanes in 2022 and 2023. The families of the victims in these crashes have been urging the U.S. Department of Justice (DoJ) to pursue criminal charges against Boeing, alleging that the company prioritized profit over safety in the design and production of the 737 MAX.<\/span><\/p>\n<p><!-- STA Widget BEGIN --><\/p>\n<div>\n<div class=\"sta-analyst-rating-widget-display\">\n<p><a style=\"text-decoration: none; color: #4b6db5 !important;\" href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/BA\" target=\"_blank\" rel=\"noopener\">BA Ratings<\/a> by Stock Target Advisor<\/p>\n<\/div>\n<p><script class=\"analyst-rating\" type=\"text\/javascript\" src=\"https:\/\/www.stocktargetadvisor.com\/assets\/js\/analyst_rating_widget.js\" data-symbol=\"BA\" data-theme=\"wt_bg_trans\" data-uid=\"6631135456628f03b68d4d6628f03b68d4e\" data-width=\"700\" >\n\t\t<\/script><\/p>\n<\/div>\n<h2><strong>Details of the Agreement:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The exact nature of the agreement and how the $425 million will be used by Spirit have not been made public yet. However, such a large pre-payment suggests a potentially substantial future contract between the two companies. This could involve parts for upcoming Boeing aircraft or support for existing production lines.<\/span><\/p>\n<p><!-- STA Widget BEGIN --><\/p>\n<div>\n<div class=\"sta-analyst-rating-widget-display\">\n<p><a style=\"text-decoration: none; color: #4b6db5 !important;\" href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/SPR\" target=\"_blank\" rel=\"noopener\">SPR Ratings<\/a> by Stock Target Advisor<\/p>\n<\/div>\n<p><script class=\"analyst-rating\" type=\"text\/javascript\" src=\"https:\/\/www.stocktargetadvisor.com\/assets\/js\/analyst_rating_widget.js\" data-symbol=\"SPR\" data-theme=\"wt_bg_trans\" data-uid=\"17438448176628f0d1139266628f0d113927\" data-width=\"700\" >\n\t\t<\/script><\/p>\n<\/div>\n<h2><strong>Boeing&#8217;s Future Outlook:<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The Boeing-Spirit deal indicates that the company is trying to move forward with business operations. However, the unresolved legal issues surrounding the 737 MAX crashes continue to cast a shadow over Boeing&#8217;s future. It remains to be seen how the DoJ will respond to the families&#8217; calls for prosecution and how these legal proceedings will impact Boeing&#8217;s operations and reputation in the long run.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing (BA: NYE) has made an agreement with Spirit AeroSystems (SPR: NYE) to pay $425 million in advance. &nbsp; Families of Crash Victims Seek Justice:&#8230;<\/p>\n","protected":false},"author":17,"featured_media":35001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boeing Makes Big Payment to Spirit, But Legal Clouds Remain After Crashes<\/title>\n<meta name=\"description\" content=\"Boeing strikes a $425 million deal with Spirit AeroSystems, but families of crash victims urge DoJ prosecution for 737 MAX tragedies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boeing Makes Big Payment to Spirit, But Legal Clouds Remain After Crashes\" \/>\n<meta property=\"og:description\" content=\"Boeing strikes a $425 million deal with Spirit AeroSystems, but families of crash victims urge DoJ prosecution for 737 MAX tragedies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-24T11:52:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2023\/05\/STA-Frame-56-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muzzammil Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/Muzzammil625\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muzzammil Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/\"},\"author\":{\"name\":\"Muzzammil Ahmad\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/81d743c6903933055039390e1e98b5f8\"},\"headline\":\"Boeing Makes Big Payment to Spirit, But Legal Clouds Remain After Crashes\",\"datePublished\":\"2024-04-24T11:52:57+00:00\",\"dateModified\":\"2024-04-24T11:52:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/boeing-makes-big-payment-to-spirit-but-legal-clouds-remain-after-crashes\/\"},\"wordCount\":233,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; 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