It really has not been a good year for Boeing. Or a good decade for that matter.
Just days after a Boeing-777 became the latest symbol of all that is wrong with the once almighty aircraft maker, when the plane's right engine exploded (with debris striking houses below it in a scene right out of Breaking Bad) and only a miracle prevented a tragedy, moments ago another Boeing-777 made an emergency landing in Russia's Sheremetyevo airport outside of Moscow, Interfax reports, adding that the plane crew requested the landing after one of left engine control channels failed
The news service doesn’t name the airline operator; but said that the plane was flying from Hong Kong to Madrid. Luckily, no injuries were reported.
The latest mishap followed even more bad news for the aerospace giant, which earlier on Thursday agreed to pay $6.6 million to U.S. regulators as part of a settlement with the Federal Aviation Administration over the planemaker’s failure to comply with a 2015 safety agreement including quality and safety-oversight lapses going back years, a setback that comes as Boeing wrestles with repairs to flawed 787 Dreamliner jets that could dwarf the cost of the federal penalty.
As Reuters reported, Boeing is beginning painstaking repairs and forensic inspections to fix structural integrity flaws embedded deep inside at least 88 parked 787s built over the last year or so. The inspections and retrofits could take up to a month per plane and are likely to cost hundreds of millions - if not billions - of dollars, though it depends on the number of planes and defects involved.
The penalties include $5.4 million for not complying with the agreement in which Boeing pledged to change its internal processes to improve and prioritize regulatory compliance and $1.21 million to settle two pending FAA enforcement cases.
“The FAA is holding Boeing accountable by imposing additional penalties,” FAA Administrator Steve Dickson said in a statement.
But the biggest challenge facing Boeing is whether or not it can find passengers for its 737 MAX now that the infamous deadly airplane which was reportedly "designed by clowns…supervised by monkeys" is set to fly again. While the plane may indeed have gotten a green light from the FAA, a far bigger question is whether Boeing has by now lost the trust of the public for good.