BCA will have to expect additional penalties of up to $US 24 million over the next five years if it fails to meet its obligations under the agreement. The agreement governs two files that have been opened and 11 others that have been opened in recent years. WASHINGTON ( ) – The U.S. Department of Transportation`s Federal Aviation Administration today announced a comprehensive transaction agreement with Boeing Commercial Airplanes (BCA) that resolves several pending and potential execution cases. WASHINGTON (F.C.) ( F.S. Federal Aviation Administration ) and the city of Santa Monica, California, have reached a settlement agreement to settle long-standing disputes over the future of the Santa Monica airport. The agreement obliges the city to ensure the continuous and stable operation of the airport for 12 years, until December 31, 2028, and thereafter, the city has the right to close the airport. « It is essential that everyone adheres to the high safety standards of our aviation system, » said Anthony Foxx, U.S. Minister of Transportation. « This agreement is an important step in enemies for Boeing to fully meet all compliance standards in the future. » Recognizing the city`s power to make land use decisions, the agreement allows Santa Monica to reduce the airport`s only runway from the current 4,973 feet to 3500 feet. The city is required to enter into lease agreements with private air service providers to ensure the continuity of these services until the runway is shortened and it decides to provide such services itself. « The mutual cooperation between the FAA and the City has allowed us to find this innovative solution that maintains long-standing legal and regulatory disputes, » said FAA Administrator Michael Huerta.
« This is a fair solution for all parties involved, as it strikes the right balance between the public interest in local decisions about land use practices and their interests in safe and efficient air services. » As part of the agreement, BCA is committed to implementing and improving several certification processes to further improve the airworthiness and ongoing compliance of all BCA products. ✈️ Traffic Report: Gusty 🌬️ delays are now possible in @EWRairport, @LGAairport and @JFKairport. AM low ☁️. t.co/24zjAgUODZ The company must also immediately pay $12 million to the U.S. Treasury and should expect severe sanctions if it fails to meet its commitments. ✈️ Traffic Report: Low☁️ could slow flights today from @BostonLogan to @BWI_Airport, @Reagan_Airport and. t.co/1aVe0VKLC8 RT @RedWhiteBlueDot: On this International Civil Aviation Day, we thank our @TSA and @FAANews colleagues at the Embassy and around the world. The delivery period for BCA`s commitments will begin in January.