Category: Business
Boeing agreed to plead guilty to a felony charge of conspiring to defraud the federal government over two fatal crashes of the 737 Max in 2018 and 2019. The company will pay a fine of nearly half a billion dollars and invest in strengthening its safety programs. The plea deal includes probation, an independent compliance monitor, and meetings with crash victims' families.
Keywords: Boeing, 737 Max, felony charge, safety programs, plea deal
Update At: 7/9/2024