Boeing Reaches Deal with US Justice Department to Avoid Prosecution in 737 MAX Fraud Case
Boeing has reached a deal with the US Justice Department to avoid prosecution in connection with the 737 MAX fraud case. The deal comes after the company was accused of misleading regulators about the safety of the 737 MAX, which was involved in two deadly crashes that killed 346 people.
The deal is reportedly worth $444 million and will allow Boeing to avoid prosecution. The company will also to undergo three years of monitoring.
The deal has been met with criticism, with many arguing that it is getting off too lightly. The company's actions were deemed to be a major contributor to the two disasters, and many are calling for greater accountability.
The crashes led to the grounding of the 737 MAX fleet and had a significant impact on the aviation industry as a whole. The company has been working to restore public trust and get the planes back in the air.
The deal with the Justice Department is seen as a major step forward for the company, and Boeing will be hoping that it can now put the scandal behind it.