Boeing reaches $2.5 billion settlement in investigation into 737 MAX crashes

Edited by Ed Newman
2021-01-08 11:58:19

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Chicago, January 8 (RHC)-- Boeing has agreed to pay more than $2.5 billion to settle a nearly two-year federal criminal investigation into the company’s role in two fatal crashes in Ethiopia and Indonesia that killed all 346 people on board 737 MAX airplanes. settlement in investigation into 737 MAX crashes.

The U.S. Justice Department had accused Boeing of having concealed information about the aircraft.  

Michael Stumo, the father of Samya Rose Stumo, who died in the Ethiopian Airlines crash, told reporters: “This is a Boeing protection agreement.  There’s nobody being held accountable.”


 



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