Skip to content
Back to Guavy Wire
Stocks

Boeing Faces $29 Million Damages Bill in 737 MAX Crash Lawsuit

Instruments
BA
Share

A US court has awarded $29 million in damages to the family of Michael 'Mick' Ryan, an Irish citizen and UN employee who died in the 2019 Boeing 737 MAX plane crash in Ethiopia. The jury in Chicago delivered this verdict in a civil lawsuit filed by Ryan's wife, Naoise Connolly Ryan, against aircraft manufacturer Boeing.

Ryan was one of 157 people on board Ethiopian Airlines Flight 302 that crashed shortly after taking off from Addis Ababa for Nairobi in March 2019. The plane had been designed and manufactured by Boeing, which has faced intense scrutiny over the safety of its 737 MAX aircraft following two major accidents.

The Ryan family's lawyer, Steven C. Marks, stated that financial compensation could never bring back a lost life but called the decision an important step towards justice. The jury had carefully reviewed the evidence before making their ruling.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc