Poll: Is Boeing’s Settlement Over The 737 MAX Fraud Probe A Fair Result?
Boeing has reached an agreement exceeding $2.5 billion with the U.S. Justice Department (DOJ) to settle criminal charges that two of its employees defrauded the FAA’s Aircraft Evaluation Group (AEG) about safety issues connected to two fatal 737 MAX accidents.
The $2.5 billion includes a criminal penalty charge of $243.6 million as well as $1.77 billion in compensation payments to 737 MAX operators. It also includes the establishment of a $500 million crash-victim beneficiaries fund to compensate the families of the 346 passengers who died in the October 2018 crash of Lion Air Flight 610 and the March 2019 crash of Ethiopian Airlines Flight 302.
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