The U.S. Department of Justice announced today that Boeing has agreed to a $2.5 billion settlement in criminal charges relating to a “conspiracy to defraud” the FAA during the 737 MAX’s certification process, with more than half of that amount going to reimburse airline customers for loss of service as a result of the airliner’s more than 20-month grounding. According to the DOJ, “Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.”
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/boeing-agrees-to-pay-2-5-billion-in-doj-settlement