Boeing Finalizes Plea Deal Over 737 Max Crashes, Agrees to $243.6 Million Fine for Fraud Conspiracy

Jul 25, 2024, 12:19 AM

Boeing has finalized a plea deal with the U.S. Department of Justice, agreeing to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million. This agreement is related to the two fatal crashes of its 737 Max jetliners in 2018 and 2019, which resulted in the deaths of 346 people. The plea deal includes an admission of misleading U.S. regulators who approved the 737 Max jetliner. A judge will determine if Boeing owes any restitution to the families of the victims. The deal follows Boeing's breach of a 2021 deferred prosecution agreement.