Boeing to pay $243.6 million in fines for deceiving customers on the safety of the 737 Max.
Boeing, the giant airliner manufacturer, will pay more than $2.5 billion in fines and compensation as a settlement with the United States Department of Justice . This is based on the two crashes that killed a total of 346 people and lead to the grounding of theThe settlement which, allowed Boeing to avoid prosecution on criminal charges, includes a fine of $243.6 million, compensation to airlines of $1.77 billion and a $500 million crash-victim fund.
Acting Assistant Attorney general David Burns said in a statement "The crashes exposed fraudulent and deceptive conduct by employees of one of the worlds leading commercial airplane manufacturers." Boeing admitted in court documents that two of its 737 MAX technical pilots had deceived the FAA about a safety system called MCAS, whose gyrations have been tied to both crashes. The document say Boeing cooperated with the probe but only after initially "frustrated" the investigation.
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