Boeing agrees to plead guilty to felony charge over fatal 737 Max crashes

Source: United Press International

“Boeing has agreed to plead guilty to a single felony charge of conspiracy to defraud the government in connection to two crashes of its 737 Max jet that killed nearly 350 people during a six-month span in 2018 and 2019. The plea agreement was announced in a late Sunday court filing by the Justice Department, The New York Times reported. The document states Boeing agrees to pay the maximum fine allowed under law of $487.2 million and invest at least $455 million over the next three years in its compliance and safety programs. The embattled aerospace company will also be put on probation for three years as part of which the Justice Department will install a compliance monitor to ensure safety measures have been implemented and followed, The Times reported.” (07/08/24)