Boeing's Plea Deal Over 737 Max Crashes

Boeing has reached a proposed plea agreement with the DOJ to resolve allegations of misleading the FAA about the safety of its 737 Max aircraft, following two fatal crashes in 2018 and 2019 that killed 346 people. Under the deal, Boeing will admit to providing 'incomplete and inaccurate information' and will pay nearly $250 million in penalties, invest $455 million in compliance programs, and undergo a three-year probation with oversight from an independent compliance officer. This agreement requires approval from U.S. District Judge Reed O’Connor, who could potentially reject it, leading to new negotiations. The deal has faced strong opposition from victims' families, who have criticized it as inadequate and are pushing for harsher penalties and a full trial. Boeing asserts its commitment to compliance and safety improvements.