Boeing and the Department of Justice reached a deal regarding two 737 MAX crashes that resulted in the deaths of 346 people.
Friday court filings revealed that Boeing has agreed to “pay or invest” over $1.1 billion, which includes a $487.2 million criminal fine, $445 million to the crash victims’ families, and another $445 million on compliance, safety, and quality programs.
‘Nothing will diminish the victims’ losses, but this resolution holds Boeing financially accountable, provides finality and compensation for the families, and makes an impact for the safety of future air travelers.’
The agreement allows Boeing to avoid prosecution for the deadly 2018 and 2019 plane crashes.
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Crash site of Ethiopia Airlines
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