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Boeing to pay $1.1 billion as part of deal to settle 737 Max crash cases with DOJ
The US Department of Justice said Friday that it struck a deal with aircraft maker Boeing to avoid prosecution of the company over two fatal crashes of the 737 Max, a Friday court filing in the case said.
As part of proposed deal, called a non-prosecution agreement, Boeing will pay more than $1.1 billion in fines, commitments to strengthen safety and compliance programs, and payments for the crash victims’ families, a DOJ spokesperson said. “The Agreement guarantees further accountability and substantial benefits from Boeing immediately, while avoiding the uncertainty and litigation risk presented by proceeding to trial,” the department wrote in a court filing. “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 spokesperson said.
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