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Boeing Deception Alleged in Scathing Report on Max Crashes

  • House lawmakers release broad indictment of planemaker and FAA
  • Report is a template for reforms sought by House Democrats
Bloomberg business news
WATCH: The story of how Boeing lost its way.Source: Bloomberg
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Sweeping failures by Boeing Co. engineers, deception by the company and significant errors in government oversight led to the two fatal crashes of the 737 Max, congressional investigators have concluded.

A 245-page report issued Wednesday provides the most scathing account so far of the miscalculations that led to 346 deaths, the grounding of Boeing’s best-selling jet and billions of dollars in losses for the manufacturing giant.