Boeing to plead guilty to criminal fraud charge stemming from 737 Max
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019.
Mulugeta Ayene | Reuters
Boeing will plead guilty to a criminal fraud charge tied to the 737 Max crashes, months after a near-catastrophe in January prompted the Justice Department to revisit a 2021 settlement that protected Boeing from prosecution.
The plea deal, outlined in a filing late Sunday, requires the approval of a federal judge. Under the deal, Boeing would pay a $243.6 million fine, equal to the amount it paid in the 2021 settlement.
“We can confirm that we have reached an agreement in principle on terms of a resolution with the Justice Department, subject to the memorialization and approval of specific terms,” Boeing said in a statement.
This is breaking news. Check back for updates.
Read More: Boeing to plead guilty to criminal fraud charge stemming from 737 Max