in Business & Finance

Lawyers advise Ethiopian Airlines not to accept Boeing settlement over 737 Max crash

Posted 27 January 2021 · Add Comment

U.S lawyers for Ethiopian Airlines have advised the carrier not to accept a settlement Boeing has offered regarding the fatal crash of a Boeing 737 MAX in 2019 seeing 157 people lose their lives, but instead to sue the manufacturer for punitive damages in the U.S.

Ethiopian Airlines CEO, Tewolde GabreMariam paid tribute to the crew and passengers of flight ET302, the 737 Max8 aircraft, that crashed  in early 2019.  Image:  Ethiopian AfAE News

In a letter sent on Sunday, the Chicago-based lawyers warned Ethiopian CEO Tewolde GebreMariam that the offer falls “grossly short” of what the airline could win before a U.S. jury — particularly since Boeing recently accepted responsibility for criminal fraud during the plane’s certification by regulators.

 

It added that what Boeing has offered is “a mere fraction” of the actual damage, and accepting it “will inevitably leave substantial money on the table and would be a tremendous political and financial mistake for Ethiopian Airlines.”

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