The once towering icon of American aviation, Boeing, has become a frequent fixture in the headlines for all the wrong reasons. The latest fiasco involves misdrilled holes, adding to the chorus of concerns about the quality of Boeing's equipment. Amidst a string of recent challenges, Boeing finds itself in the throes of a full-blown crisis.
The aviation world was shook to its core when Boeing faced the grim reality of its 737 Max jets. In a stunning turn of events, the aircraft manufacturing giant has now pleaded guilty to criminal fraud conspiracy charges, as detailed in a recent court filing. This admission marks a significant milestone in a saga that began with the tragic crashes of 2018 and 2019, which claimed the lives of 346 innocent souls.