Boeing Pledges $100 Million for 737 MAX Victims' Families
Boeing is pledging to pay out $100 million over several years to aid families, municipalities and local organizations in affected by two deadly crashes of its 737 MAX aircraft.
The aerospace giant has been under intense scrutiny for months following the crashes, which happened about five months apart and left 346 dead. Now, as the company continues efforts to get MAXes re-certified for passenger service, it is also working to restore faith in communities most affected by the crashes.
Boeing said its funds would be put toward "education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities."
"We at Boeing are sorry for the tragic loss of lives in both of these accidents and these lives lost will continue to weigh heavily on our hearts and on our minds for years to come. The families and loved ones of those on board have our deepest sympathies, and we hope this initial outreach can help bring them comfort," Boeing CEO Dennis Muilenburg said in a statement.
"We know every person who steps aboard one of our airplanes places their trust in us. We are focused on re-earning that trust and confidence from our customers and the flying public in the months ahead."
Boeing is also encouraging employees to donate in support of the affected families and has pledged to match workers' donations through the end of 2019.
While official investigations into the Lion Air and Ethiopian crashes are still underway, a flight control system known as MCAS is suspected of contributing to both disasters. Boeing has been working on a software fix to amend the system's authority in controlling the airplane.
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The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)Pros
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Cons
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- LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
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- With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
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- Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- This is a pay-in-full card, so your balance is due in full every month

