Summary
Boeing has reached a deal with the U.S. Department of Justice regarding two deadly crashes involving its 737 Max planes in 2018 and 2019. As part of the agreement, Boeing will admit to obstructing a federal investigation, pay over $1.1 billion in fines, and improve its compliance programs, which will allow them to avoid prosecution.
Key Facts
- Boeing will not face prosecution for the 737 Max plane crashes due to a deal with the U.S. Department of Justice.
- The crashes in 2018 and 2019 killed a total of 346 people.
- Boeing will pay more than $1.1 billion in fines and admit to obstruction.
- The deal allows Boeing to improve its anti-fraud compliance and ethics program.
- Some victim families agree with the deal, but others are upset and wanted a public trial.
- The 737 Max models were grounded worldwide for nearly two years after the crashes.
- The crashes were caused by a faulty flight control system.
- Boeing had a previous deal in 2021 designed to avoid prosecution, which it was accused of violating.