The Federal Aviation Administration released a statement Friday outlining a proposal to fine Boeing (NYSE:BA) $2.75 million for the airplane manufacturer's alleged failure to maintain its quality control systems.
The root of the dispute stems to September 2008, when Boeing revealed that its 777 fastener components didn't conform to the FAA's standards. From October onward, Boeing and the FAA began a back-and-forth investigation correspondence. The FAA alleges that Boeing continually submitted action plans but failed to follow through by agreed-upon deadlines. Only in November 2010 did the company fully address the issue.
"Safety is our top priority, and a robust quality control system is a vital part of maintaining the world's safest air transportation system," said U.S. Transportation Secretary Anthony Foxx in a statement. "Airplane manufacturers must take prompt and thorough steps to correct safety and compliance problems once they become aware of them."
Boeing has a month to reply to the FAA's proposed fine.
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