Boeing to pay over $1 billion to DOJ
(CNN)– The U.S. Justice Department has struck a deal with aircraft maker Boeing to avoid prosecution of the company over two fatal crashes of the 737 Max, according to a court filing on Friday, May 23..
This makes official a proposal publicly reported last week, though a judge will still have to approve the deal for it to go into effect.
As part of the proposed deal, the DOJ says Boeing will pay more than $1 billion in fines, make commitments to strengthen safety and compliance programs, and offer payments for the crash victims’ families.