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Boeing strikes $1.1 billion DOJ settlement, avoids criminal prosecution over 737 Max crashes

A federal judge approved dismissing Boeing’s criminal case after the company agreed to pay over $1 billion in penalties to address two deadly 737 Max crashes that claimed 346 lives.

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Overview

  • Boeing’s agreement with the Department of Justice totals $1.1 billion and covers victim compensation, safety investments and criminal fines.
  • The settlement allocates $444.5 million to families of passengers killed in the Lion Air and Ethiopian Airlines disasters.
  • Judge Reed O’Connor signed off on a motion to dismiss Boeing’s criminal negligence lawsuit and canceled the trial scheduled for June 23.
  • Attorneys for victims’ families criticized the deal as a backroom arrangement that lets Boeing sidestep full accountability.
  • Boeing has pledged broad overhauls to its safety culture, compliance protocols and quality-control systems.