Boeing's former chief executive, Dennis Muilenburg, also agreed to pay $1 million to settle the same charges in the civil case.
NEW YORK - US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of the 737 MAX airplane following two deadly crashes, regulators announced Thursday.
The settlement marks the latest hit to Boeing over the MAX following the Lion Air Crash in Indonesia in October 2018 and the Ethiopian Airlines crash in Ethiopia in March 2019, which together claimed nearly 350 lives. The press release also attested to the aircraft's safety, not disclosing that Boeing knew a key flight handling system posed safety issues and was being redesigned.
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