Boeing Reaches $1.1 Billion Settlement with DOJ to Avoid Prosecution in 737 Max Case

Pieter Gunst01 mins

The U.S. Department of Justice has reached an agreement with Boeing that could potentially prevent the company from facing criminal prosecution over allegations of misleading regulators about the safety of the 737 Max jetliner. This development follows the tragic crashes of two 737 Max aircraft, which resulted in the loss of 346 lives. Under the terms of the proposed settlement, Boeing is expected to pay over $1.1 billion. This sum includes $445 million earmarked for the families of the crash victims. The agreement is still subject to finalization.