Boeing, DOJ Finalize 737 MAX Crash Settlement

The US Department of Justice has reached a preliminary agreement with Boeing that would allow the company to avoid criminal prosecution over two fatal 737 MAX crashes in 2018 and 2019, which killed 346 people. Boeing is to pay or invest more than $1.1 billion, including a $444.5 million fund for victims’ families and additional funds for safety, compliance, and quality improvements. The DOJ calls the deal a fair resolution that ensures accountability and compensation while avoiding the uncertainties of a trial. The agreement has divided crash victims' families, with some supporting it for closure and others, along with several senators, urging rejection and prosecution. The deal still requires approval by a federal judge before it can take effect. If Boeing fails to meet its obligations, the DOJ may pursue prosecution.