Boeing to Plead Guilty to Fraud in 737 MAX Crashes
Company Faces Criminal Charges in Fatal Incidents
Boeing has agreed to plead guilty to a felony charge of conspiring to defraud the federal government over two fatal crashes of its 737 MAX aircraft.
The company will pay more than $2.5 billion in fines, penalties, and compensation to the families of the victims.
The Justice Department alleges that Boeing misled the Federal Aviation Administration (FAA) about the safety of the 737 MAX, which was involved in two fatal crashes in 2018 and 2019 that killed 346 people.
The guilty plea is part of a broader settlement between Boeing and the Justice Department. The company has also agreed to pay $1.7 billion to airlines that were affected by the 737 MAX grounding.
The settlement is a significant step in the aftermath of the 737 MAX crashes. It is also a major blow to Boeing, which has been struggling to restore its reputation since the incidents.
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