Boeing to plead guilty to fraud, pay $243.6 million after deadly 737 Max crashes

Boeing News

Boeing to plead guilty to fraud, pay $243.6 million after deadly 737 Max crashes
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Prosecutors accused the American aerospace giant of deceiving regulators who approved the airplane and pilot-training requirements for it.

FILE - Rescuers work at the scene of an Ethiopian Airlines Boeing Max crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, on March 11, 2019. after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night.

The deal also does not cover any current or former Boeing officials, only the corporation. In a statement, Boeing confirmed it had reached the deal with the Justice Department but had no further comment. The company's guilty plea will be entered in U.S. District Court in Texas. The judge overseeing the case, who has criticized what he called "Boeing's egregious criminal conduct," could accept the plea and the sentence that prosecutors offered with it or he could reject the agreement, likely leading to new negotiations between the Justice Department and Boeing.

The company based in Arlington, Virginia, has dozens of airline customers spanning the globe. The best customers for the 737 Max include Southwest, United, American, Alaska, Ryanair and flydubai.

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737 Max Fraud Crashes Justice Department Guilty Plea Fine Safety

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