Overview
- Boeing will pay over $1.1 billion, including $445 million for crash victims' families and $455 million to enhance compliance, safety, and quality programs.
- The deal allows Boeing to avoid a criminal trial and avoids the company being labeled a convicted felon, preserving its eligibility for government contracts.
- The Justice Department stated the agreement ensures accountability while mitigating risks associated with a trial, though it remains subject to court approval.
- Victims' families and their attorneys strongly oppose the agreement, arguing it fails to deliver sufficient accountability for what has been described as the deadliest corporate crime in U.S. history.
- The crashes in 2018 and 2019, caused by Boeing's failure to disclose critical safety issues with the 737 Max, led to 346 deaths and a global grounding of the aircraft.