Category: Business
Boeing has agreed to plead guilty to fraud in connection with the crashes of two of its 737 Max jets, resulting in the deaths of 346 people. The plea deal includes a $243.6 million fine and an additional $243.6 million fine for the same crime in 2021. Boeing will also invest at least $455 million to improve safety and be on court-supervised probation for three years.
Keywords: Boeing, 737 Max jets, fraud, plea deal, crashes, felony conviction, Justice Department, investigations, safety, probation
Update At: 7/9/2024