Particle.news
Download on the App Store
9 ARTICLES
·
3w ago

Boeing Reaches $1.1 Billion Settlement Over 737 Max Crashes

The deal with the U.S. Justice Department avoids criminal prosecution but awaits judicial approval, drawing mixed reactions from victims’ families.

Das Boeing-Logo ist auf einem Flugzeug abgebildet
Image
Image
Image

Overview

  • Boeing agreed to pay $1.1 billion to settle criminal charges related to two fatal 737 Max crashes in 2018 and 2019 that killed 346 people.
  • The settlement includes a $243.6 million fine, $444.5 million for a victim compensation fund, and $455 million for safety and compliance improvements.
  • A January 2024 fuselage incident led the Department of Justice to reopen the case, citing Boeing's violation of terms from a previous agreement.
  • The settlement replaces a Biden-era plea deal and reflects the Trump administration’s approach to corporate prosecutions.
  • Victims’ families remain divided, with some expressing anger and disappointment, while others have chosen not to contest the agreement.