Reuters reveals Boeing faces FAA fine and a much bigger 787 repair bill

Reuters broke the news that Boeing Co faces a new fine from U.S. regulators as part of an expected settlement with U.S. regulators over 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. The FAA and Boeing reached a settlement in 2015 in which Boeing agreed to take actions to meet engineering and manufacturing performance metrics and to resolve allegations documented in 13 FAA enforcement investigative reports from 2009 through 2015.