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Boeing to plead guilty to criminal fraud charge over 737 Max crashes (www.bbc.com)

submitted 5 months ago by MicroWave to c/economics

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Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal crashes by its 737 Max planes that killed 346 passengers and crew.

The Department of Justice (DoJ) said the plane-maker had also agreed to pay a criminal fine of $243.6m (£190m).

However, the families of the people who died on the flights five years ago have criticised it as a "sweetheart deal" that would allow Boeing to avoid full responsibility for the deaths. One called it an "atrocious abomination".

The settlement must now be approved by a US judge.

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[–] satanmat 7 points 5 months ago

“And then children, Boeing was taken away and never heard from again. A whole new company took over building all the aircraft, and it ran with safety as its first priority rather than seeking profit, and every one flew happily ever after…”