Boeing pleads guilty to fraud charge for misleading regulators about 737 MAX, faces $243.6M fine, probation, and compliance monitor after 2 crashes killing 346 people.
Boeing has finalized a deal with the US Justice Department to plead guilty to a fraud charge related to misleading regulators about the 737 MAX jetliner, which was involved in two crashes that killed 346 people. The deal includes a $243.6 million fine, three years of probation, and the appointment of an independent compliance monitor. Boeing admitted it made an agreement "by dishonest means" to deceive the Federal Aviation Administration (FAA) about the plane's flight-control software and the amount of training pilots would need for it.
July 24, 2024
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