
The Federal Aviation Administration (FAA) on Tuesday said that Boeing’s [BA] Commercial Airplanes segment agreed to pay $12 million to settle multiple pending and potential enforcement cases related to compliance.“This agreement is an important step toward ensuring that Boeing fully meets all applicable compliance standards going forward,” Transportation Secretary Anthony Foxx said in a statement.Settlement terms include the potential for up to $24 million more in penalties over the next five years if Boeing Commercial Airplanes fails to carry out…