Boeing has agreed to pay more than $2.5 billion to resolve U.S. Department of Justice (DOJ) charges involving an alleged conspiracy to defraud the U.S. Federal Aviation Administration (FAA) in connection with the FAA Aircraft Evaluation Group’s (AEG’s) evaluation of the 737 MAX.
The agreement, announced Jan. 7 by DOJ and Boeing, calls for the company to pay a criminal monetary penalty of $243.6 million, as well as compensation payments totaling $1.77 billion to Boeing’s airline customers. In addition, Boeing agreed to establish a $500 million fund to compensate the families of the 346 people killed in two crashes involving 737 MAX airplanes.
“The tragic crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302 exposed fraudulent and deceptive conduct by employees of one of the world’s leading commercial airplane manufacturers,” Acting Assistant Attorney General David P. Burns said. “Boeing’s employees chose the path of profit over candor by conce…
