BA: Boeing Scores Indonesian Deal for 50 Jets — But 737 MAX Legal Fallout Still Hangs Overhead
Court: SEC
Case: 3-21140
Boeing BA has landed a major win as part of a broader trade pact between the U.S. and Indonesia, announced by President Trump. The deal includes the sale of 50 Boeing aircraft, reviving Garuda Indonesia’s order years after a deadly 737 MAX crash soured relations. Yet, the shadow of Boeing’s $200M legal settlement over those very safety failures still weighs on investor confidence.
✈️ Deal Details: Trade Diplomacy Lifts Boeing's Order Book
- Revival of Garuda Indonesia Deal: After canceling orders in 2019 post-crash, Garuda is now reportedly back in talks to buy 50–75 aircraft, including 737 MAX and 787-9 Dreamliner models.
- Trump–Subianto Talks: The deal was finalized after a phone call between U.S. President Donald Trump and Indonesian President Prabowo Subianto.
- $15B Trade Agreement: As part of the broader U.S.–Indonesia deal:$15B in U.S. energy purchases$4.5B in agricultural importsBoeing aircraft to round out the trade package
- Trump's Terms: Trump claimed Indonesia “will pay 19%, and we will pay nothing,” touting the deal as a big win for U.S. exports.
🧾 But 737 MAX Legal Fallout Still Weighs
While Boeing’s order book grows, the legal scars of the 737 MAX crashes linger. The company settled with investors for $200M earlier this year over allegations it misled them about critical safety issues in the MAX program.
📆 Timeline Overview
- Oct 29, 2018: Lion Air Flight 610 crashes off Indonesia
- Mar 10, 2019: Ethiopian Airlines Flight 302 crashes
- Mar 11, 2019: FAA grounds all 737 MAX aircraft
- Apr 2019: Investors sue Boeing for misleading statements
- Sep 2022: Boeing fined $200M by SEC
- Jan 2025: Boeing finalizes investor settlement
💼 Allegations Include
- Concealing problems with the MCAS software, central to both fatal crashes
- Issuing false safety assurances to the public and investors after the first crash
- Failing to fully disclose risks tied to MAX design flaws
💰 Investor Update
- Boeing agreed to a $200M payout to settle investor claims
- The settlement covers losses tied to the 2018–2019 crash fallout and disclosures
👉 You can check more information about it and file for a payout HERE.
Boeing’s return to favor in Indonesia is a major geopolitical and commercial victory—but the 737 MAX’s legacy remains a cautionary tale that investors, and regulators, are unlikely to forget.